Multiple Choice
The project planning and estimating process (circle all that apply) :
A) uses a top-down approach to disseminate information about project goals to lower levels
B) uses a bottom up approach to prepare and check labor and cost estimates
C) employs pricing units to decide on areas of work needed and to prepare labor hour estimates
D) relies upon work package supervisors to authorize when work packages should begin
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Which of the following statements are true
Q3: Statement: The majority of a system's life
Q4: If the actual cost turns to be
Q5: Which method provides the least accuracy when
Q6: Statement: A time-phased budget shows project costs
Q7: Statement: The project cost estimate is derived
Q8: A contingency amount can be (circle one):<br>A)
Q9: The major problem with using traditional budgets
Q10: Statement: The feasible budget region is developed
Q11: Statement: Life cycle costs are the same