How to Get a Job For Project Managers

Learn how to write resume and interview

Leadership for Project Managers

Learn how to lead and drive project success.

Project Management Bootcamp

From a beginner to project management professional.

Agile Project Management and SCRUM with AI

Learn to run Scrum and Agile with AI.

Analogous Estimating

A method that estimates an activity's or a project's time or cost by drawing on data from comparable past work.

Key Points

  • Top-down approach used when limited detail is available.
  • Relies on historical results from similar projects and expert judgment.
  • Requires adjustments for differences in size, complexity, scope, or location.
  • Faster but typically less accurate than bottom-up or parametric estimating.

Example

A team delivered a data center upgrade last year in 8 months for USD 900,000. A new upgrade has a similar scope but slightly higher capacity. Using analogous estimating, the project manager uses last year's figures and applies a 10 percent uplift, forecasting about 8.8 months and USD 990,000 as a high-level estimate.

PMP Example Question

During project initiation, the sponsor requests a quick, high-level cost figure before detailed planning begins. Which estimating technique should the project manager use?

  1. Bottom-up estimating
  2. Analogous estimating
  3. Three-point estimating
  4. Parametric estimating

Correct Answer: B - Analogous estimating

Explanation: Analogous estimating provides a rapid, top-down estimate using data from similar past projects, making it suitable early in the project when detail is limited.

Advanced Project Management — Measuring Project Performance

Move beyond guesswork and status reporting. This course helps you measure real progress, spot problems early, and make confident decisions using proven project performance techniques. If you manage complex projects and want clearer visibility and control, this course is built for you.

This is not abstract theory. You’ll work step by step through Earned Value Management (EVM), learning how cost, schedule, and scope come together to show true performance. You’ll build a solid foundation in EVM concepts, understand why formulas work, and learn how performance data actually supports leadership decisions.

You’ll master Work Breakdown Structures (WBS), control accounts, and budget baselines, then apply core EVM metrics like EAC, TCPI, and variance analysis. Through a detailed real-world example, you’ll forecast outcomes, analyze trends, and understand contingencies and management reserves with confidence.

Learn how experienced project managers monitor performance, communicate results clearly, and take corrective action before projects slip. With practical exercises and hands-on analysis, you’ll be ready to apply EVM immediately. Enroll now and start managing performance with clarity and control.



Stop Managing Admin. Start Leading the Future!

HK School of Management helps you master AI-Prompt Engineering to automate chaos and drive strategic value. Move beyond status reports and risk logs by turning AI into your most capable assistant. Learn the core elements of prompt engineering to save hours every week and focus on high-value leadership. For the price of lunch, you get practical frameworks to future-proof your career and solve the blank page problem immediately. Backed by a 30-day money-back guarantee-zero risk, real impact.

Enroll Now