Multiple Choice
Which of the following types of estimate use the actual cost of a previous, similar project as the basis for estimating the cost of the current project?
A) Definitive estimates
B) Parametric estimates
C) Bottom-up estimates
D) Analogous estimates
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q8: A cost management plan is a subsidiary
Q33: _ costing considers the total cost of
Q43: Overrun is the additional percentage amount by
Q48: _ are revenues minus expenditures.
Q63: _ is a method for determining the
Q66: Which of the following involves developing an
Q69: In addition to providing input for budgetary
Q69: Analogous estimates are also known as _
Q71: Soles is a footwear company which has
Q77: Project managers must conduct cash flow analysis