Question: You re the project manager for a large IT project. At the time you performed your cost estimates, the vendor you re working

You ’ re the project manager for a large IT project. At the time you performed your cost estimates, the vendor you ’ re working with provided you with the following estimates:

Programming estimate = 320 hours at $135/hour. Project management estimate = 320 hours at $155/hour. Testing estimate = 150 hours at $85/hour. What type of estimate are these?

A. Analogous B. Bottom-up C. Cost benefit D. Parametric

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