The project manager at a software company predicts their projects costs based on previous projects they have
Question:
The project manager at a software company predicts their project’s costs based on previous projects they have worked on that were similar. (They take into account the differences between their current and previous projects, as well.) What type of cost estimating are they using?
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Step by Step Answer:
The project manager is using analogous estimation which is a form of cost estimating that involves c...View the full answer
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Related Book For 
Contemporary Project Management
ISBN: 9780357715734
5th Edition
Authors: Timothy Kloppenborg, Vittal S. Anantatmula, Kathryn Wells
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