You have been hired as a project manager for a local bank. Bank wants to develop and design the custom online bill pay software so that its customer can pay bills online. You are ready to begin the activity duration estimates for your project.
Two years ago you were involved in prior project where a team of ten programmers were able to create similar bill pay software in 180 days. Therefore in estimating the duration of this new project, you decided to use 180 days as an estimate. This is an example of which type of estimating technique?
A. Reserve time
B. Decomposition
C. Qualitatively based duration
D. Analogous estimating
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