Multiple Choice
The preferred method for situations involving strategic decision making, projects with a high degree of uncertainty, and projects with an unstable scope is the ___________ approach to estimating project time and costs.
A) top-down
B) experiential
C) bottom-up
D) reference class
E) professional estimation
Correct Answer:
Verified
Correct Answer:
Verified
Q5: The top-down method of estimating when the
Q6: Estimates should be based on normal conditions,
Q7: The process of forecasting or approximating the
Q8: The ideal approach to estimating project time
Q9: Thinking holistically, suppose a never-before-done project is
Q11: If time and costs are important to
Q12: The information necessary to conduct a bottom-up
Q13: Top-down methods are used for all but
Q14: Project estimates should be broken down into
Q15: Refining estimates may be necessary for a