Performance Domain Method - Estimating Methods Flashcards

1
Q

Affinity grouping

A

Estimating Methods - involves classifying items into similar categories or collections on the basis of their likeness. Common affinity groupings include T-shirt sizing and Fibonacci numbers.

PLANNING

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2
Q

Analogous estimating

A

Estimating Methods - assesses the duration or cost of an activity
or a project using historical data from a similar activity or project.

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3
Q

Function point

A

Estimating Methods - is an estimate of the amount of business functionality in an information system. Function points are used to calculate a functional size measurement
(FSM) of a software system.

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4
Q

Multipoint estimating

A

Estimating Methods - Multipoint estimating assesses cost or duration by applying an average or weighted average of optimistic, pessimistic, and most likely estimates when there is uncertainty with the individual activity estimates.

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5
Q

Parametric estimating

A

Estimating Methods - uses an algorithm to calculate cost or
duration based on historical data and project parameters.

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6
Q

Relative estimating

A

Estimating Methods - is used to create estimates that are derived from
performing a comparison against a similar body of work, taking effort, complexity, and uncertainty into consideration. Relative estimating is not necessarily based on absolute units of cost or time. Story points are a common unitless measure used in relative estimating.

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7
Q

Single-point estimating

A

Estimating Methods - involves using data to calculate a single
value that reflects a best-guess estimate. A single-point estimate is opposed to a range estimate, which includes the best- and worst-case scenario.

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8
Q

Story point estimating

A

Estimating Methods - involves project team members assigning
abstract, but relative, points of effort required to implement a user story. It tells the project team about the difficulty of the story considering the complexity, risks, and effort involved.

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9
Q

Wideband Delphi.

A

Estimating Methods - is a variation of the Delphi estimating method where subject matter experts complete multiple rounds of producing estimates individually, with a project team discussion after each round, until a consensus is achieved. For Wideband Delphi, those who created the highest and lowest estimates explain their rationale, following which everyone re-estimates. The process repeats until convergence is achieved. Planning poker is a variation of Wideband Delphi.

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10
Q

Backlog refinement

A

Meeting and Event Methods - the backlog is progressively
elaborated and (re)prioritized to identify the work that can be accomplished in an upcoming iteration.

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