Question: The project planning phase is moving forward. The project team has solicited the opinions of some senior project managers with experience in similar types of

The project planning phase is moving forward. The project team has solicited the opinions of some senior project managers with experience in similar types of projects to try and develop a cost estimate for the project. This process is an example of:

a. Activity-based budgeting

b. Contingency planning

c. Top-down budgeting

d. Cost estimation

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