Question: Your project sponsor has requested a cost estimate for the project. She would like the cost estimate to be as accurate as possible because this

Your project sponsor has requested a cost estimate for the project. She would like the cost estimate to be as accurate as possible because this might be her one and only chance to secure the budget for this project because of recent cuts in special projects. You decide to use _______________.

A. analogous estimating techniques B. bottom-up estimating techniques C. top-down estimating techniques D. expert judgment techniques

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Project Managers Questions!

Q:

Q1 - You are a brand new project manager in a balanced matrix environment. Your organization has in the past demonstrated a desire to be risk averse. You project sponsor has requested a cost estimate...

Q:

You are a brand new project manager in a balanced matrix environment. Your organization has in the past demonstrated a desire to be risk averse. You project sponsor has requested a cost estimate from...

Q:

You are a brand new project manager in a balanced matrix environment. Your organization has in the past demonstrated a desire to be risk averse. You project sponsor has requested a cost estimate from...

Q:

Your project sponsor has requested a cost estimate for the entire project. She would like the cost estimate to be as accurate as possible in order to secure the budget. To obtain the most accurate...

Q:

Your project sponsor has requested a cost estimate for the project. She would like the cost estimate to be as accurate as possible because this might be her one and only chance to secure the budget...

Q:

Your project sponsor has requested a cost estimate for the project. She would like the cost estimate to be as accurate as possible because this might be her one and only chance to secure the budget...

Q:

Your project sponsor has requested a cost estimate for the project. She would like the cost estimate to be as accurate as possible as this might be her one and only chance to secure the budget for...

Q:

Your project sponsor has requested a cost estimate for the project. She would like the cost estimate to be as accurate as possible because this might be her one and only chance to secure the budget...

Q:

Your project sponsor has requested a cost estimate for the project. She would like the cost estimate to be as accurate as possible because this might be her one and only chance to secure the budget...

Q:

QUESTION 1 You are a brand new project manager in a balanced matrix environment. Your organization has in the past demonstrated a desire to be risk averse. You project sponsor has requested a cost...

Q:

A light string of mass m and length L has its ends tied to two walls that are separated by the distance D. Two objects, each of mass M, are suspended from the string as in Figure P16.32. If a wave...

Q:

You are auditing the financial statements of a cosmetics distributor that sells thousands of individual items. The distributor keeps its inventory in its distribution center and in two public...

Q:

The Federal courts have influenced tax law by all of the following except A Formulating certain fudicial concepts that serve as guidance in the apglicalion of varlious tax provisions B Making key...

Q:

What do you think were the chief factors involved in Mercedes decision to undertake FDI in the United States rather than build the M-class in Germany?