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We have identified five estimating methods: the Analogy Method, the Bottom-up Method, the Top-down Method, the Expert judgment Method, and the Parametric or Algorithmic Method. Each estimating method has positive and negative features. Choose one of the methods and create a hypothetical scenario in which the method would be appropriate. What are the advantages and disadvantages of this method in your hypothetical scenario? As a manager, how would you mitigate the disadvantages?

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