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hi everyone welcome back to this series of project management key concepts where we're delving deeper into the project management body of knowledge this one in particular is project estimating techniques now you will definitely see these mentioned as part of the PMP exam so it's good to know that there are four main different types and the differences between those times so what are project estimating techniques well throughout your project you'll be asked to make those estimations of future performance and that could be in your schedule could be in the cost of the project it could even be in the quality of your project but the four main methods that you will come across as part of the PMBOK guide our parametric estimating bottom up estimating analogous estimating and 3-point estimating now they might sound a little bit funny but we'll go into them in a little bit more detail first of all we've got parametric estimating this is where we're actually using a parameter to estimate per ite

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