Multiple Choice
Which estimating technique uses a statistical relationship to calculate cost or duration based on historical data and other project parameters?
A) empirical estimating
B) parametric estimating
C) grass roots estimating
D) analogous estimating
Correct Answer:

Verified
Correct Answer:
Verified
Q25: Which of the following terms best describes
Q26: A project manager needs to ensure that
Q27: Typically,expedited costs are preferred over regular costs.
Q28: Regardless of what method is used to
Q29: Costs that repeat as project work continues
Q31: Estimate Cost is the process of developing
Q32: Describe analogous,parametric and bottom-up estimating,and briefly discuss
Q33: Recurring costs tend to occur during project
Q34: Complex projects such as research and development
Q35: The cost management plan provides guidelines to