Question: 1.The following is not a cost estimating technique: Parametric Systematic Bottom-Up Analogous 2. Salary costs are an example of: Required costs Direct costs Timely costs

1.The following is not a cost estimating technique: Parametric Systematic Bottom-Up Analogous 2. Salary costs are an example of: Required costs Direct costs Timely costs Optional costs 3. The difference between the total approved Project Budget and the current cost estimate. Fun Money Extra Budget Petty Cash . Budget Contingency 4. An hourly rate that includes not only salary costs but also overhead costs is known as a: . Loaded rate Check rate Total rate Full rate 5 An estimate based on the availability of standard rates that are used as a basis for estimating. Bottom-Up Estimate Guesstimate Estimate Analogous Estimate . Parametric Estimate 6. An estimate based on the characteristics of each work package WBS and Project Scope Statement. Analogous Estimate Parametric Estimate Guesstimate Estimate . Bottom-Up Estimate 7. An hourly rate that includes not only salary costs but also overhead costs is known as a: . Loaded rate Check rate Total rate . Full rate 8. The estimate based on the cost that was incurred during a previous, similar project. Parametric Estimate Analogous Estimate Guessimate Estimate Bottom-Up Estimate

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