Your team needs to quickly estimate a small website with basic features for a nonprofit. Which method is fastest and most reasonable?

Question

BlackTom AI · Accepted Answer

Examining the scenario, the goal is a quick and sensible estimate for a small nonprofit website with basic features. 
Option 1: Monte Carlo simulation. This approach relies on stochastic modelling and requires a distribution of inputs and historical data to run numerous simulations. For a quick, small-scale project, gathering reliable inputs and performing simulations is often overkill and may not yield a faster or more accurate estimate than simpler methods. 
Option 2: Analogy-based estimation. This method compares the current project to one or more similar past projects and adapts the estimate based on differences. It is typically fast, intuitive, and useful when the project scope is modest and there are relevant prior references, which fits the nonprofit, small-website context well. 
Option 3: WBS (Work Breakdown Structure). Creating a WBS is a planning tool that helps decompose work but is not itself an estimation method. While it supports estimation later, on its own it does not provide a quick, high-level estimate of effort or cost. 
Option 4: Basic COCOMO. The Constructive Cost Model provides a structured estimation approach based on project size and cost drivers, but even a basic version can require size metrics and calibration. For a small, fast estimate, this may introduce unnecessary formality and data needs. 
Option 5: Detailed Function Points. Function Point analysis is a rigorous sizing method that quantifies functionality, which tends to be time-consuming and demands careful counting. This level of detail is usually not warranted for a rapid estimate of a simple nonprofit website. 
In terms of speed and practicality for a small, basic website, the analogy-based approach tends to strike the right balance by leveraging prior experience to produce a reasonable estimate quickly, whereas the other methods introduce complexity, data requirements, or time that may not be justified for this scope. 
Overall, considerations about effort, data availability, and the need for speed point toward analogy-based estimation as the most efficient option in this context.

3600 Attendance Quiz 9

Your team needs to quickly estimate a small website with basic features for a nonprofit. Which method is fastest and most reasonable?

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