menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Project Management
  4. Exam
    Exam 9: Estimating and Managing Costs
  5. Question
    The Methods Used to Estimate the Cost of a Project
Solved

The Methods Used to Estimate the Cost of a Project

Question 12

Question 12

True/False

The methods used to estimate the cost of a project during the selection phase are generally slower and consume more resources than those used to create detailed estimates in later phases.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q7: What are parameters and parametric estimates?

Q8: _ is the difference between the earned

Q9: Reconsidering the selection of the project should

Q10: _ is money that is available for

Q11: On projects with low complexity, the cost

Q13: Which is the most accurate and time-consuming

Q14: The term _ refers to the budgeted

Q15: The process of matching funds provided with

Q16: Unlike management reserves, contingency reserves are not

Q17: _ is the money held to pay

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines