Practice · Professional Certificate in Business Finance

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bcs-professional-certificate-in-business-finance_d1_43835fccd24b domain/d1 · medium single

A project manager estimates that a critical task will take 10 days but is only 50% certain of delivering within that time. According to good estimating practice described in the source, what should the manager do?

A Proceed with the 10-day estimate since 50% is an acceptable baseline confidence level
B Re-calculate or seek advice, aiming for at least 80% confidence in delivery
C Double the estimate automatically to 20 days to build in contingency
D Compress the schedule to reduce the effort and cost required

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