Question

Laura is forecasting the time and cost of developing an intranet for a new customer. Her department has completed six such intranets for customers during the last two years and so history exists. Although the proposed system is about the same size as the others, based upon previous experience, she estimates that it will take about 10 percent less time and money. Which of the following tools is she using? a. function point b. template c. apportion d. ratio e. learning curve

Answer 1

Answer: E. Learning Curve

Explanation: The learning curve is usually adopted in evaluating the association between cost and output over a certain period of time. The learning curve shows how usually indicates the changes in cost and output associated with a task as employees or workers start to engage in a certain task or function. Generally, initial task performance by an employee usually result in higher cost output with gradual reduction in cost becoming visible as the Repetition of such task is being embarked upon by the employee.