Multiple Choice
Which type of estimate uses 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
Q21: The main outputs of the _ process
Q22: Soles is a footwear company which has
Q23: What type of estimate is a cost
Q24: What is the purpose of a cost
Q25: Project managers must conduct cash flow analysis
Q27: Determining the budget involves allocating the project
Q28: Which costs are difficult to measure in
Q29: The _ is the measure of work
Q30: What is another term used for budget?<br>A)
Q31: _ is a project performance measurement technique