Question: Analogous cost estimating: A. Integrates bottom-up estimating techniques with relevant statistical relationships to estimate the cost of the current project. B. * Relies on the

Analogous cost estimating:

A. Integrates bottom-up estimating techniques with relevant statistical relationships to estimate the cost of the current project.

B. * Relies on the actual cost of previous, similar projects as the basis for estimating the cost of the current project.

C. Is used most frequently in the later phases of a project.

D. Summarizes estimates for individual work packages to estimate the cost of the current project.

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