Question: Analogous estimating uses the project manager's intuition rather than historical data and exper judgment for cost estimation. True False

Analogous estimating uses the project manager's intuition rather than historical data and exper
judgment for cost estimation.
True
False
Analogous estimating uses the project manager's intuition rather than historical data

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 General Management Questions!

Q:

Baab Corporation is a manufacturing firm that uses job-order costing. The company's inventory balances were as follows at the beginning and end of the year: Beginning Balance Ending Balance Raw...

Q:

analogue estimating uses the project managers intuition rather than historical data and expert judgement for cost estimation true or false?

Q:

Questions 1 The reason that the critical path is critical is that every single activity on the path must finish on time in order for the project to come in on time. A delay in any one of the critical...

Q:

Hello, This is the Fina 210 Course about Real estate. Could you help me to solve this problem and show me a solution? because i want to know how to solve this type of question in exam. Thank you! ps:...

Q:

can you plz solve the all question plz Question 20 Answer saved Project planning is carried out before a project begins. It involves (1) identifying tasks, (2) estimating duration and (3) allocating...

Q:

PLEASE COMPLETE NO LATER THAN 10/07 @8:00AM Each question(1,2,& 3) must be a minimum of 200 words. Please make answers detailed and knowledgeable based off the attached reading. ARE YOU ABLE TO...

Q:

There are different Estimating techniques. Review the chart below and discuss which method you feel would be best from project costing perspective? And which technique would be worst? Please make...

Q:

Please see attachment. All three question need to be answered in narrative format. If you have questions, just let me know. Normal requirement for references are 2 outside our course text....

Q:

Question 1 All of the following items are among the key areas covered by the Malcolm Baldrige National Quality Award EXCEPT: Leadership Strategic planning Team Learning Customer focus Question 2...

Q:

Question 1 Cost, time, and budget estimates are the lifeline for control; they serve as the standard for comparison of the actual and the planned throughout the life of the project. True False 2...

Q:

Hello, I am hoping somebody can help me. I have been told I have a few wrong answers in the below multiple choice section. I have put an x against the ones I chose. Can you please help me with which...

Q:

Update the data set on annual house prices and interest rates analyzed in Section 4.1.1. Compute the ACF and PACF functions of house prices, interest rates, house price growth, and interest rate...

Q:

Use Newton's Method to approximate the zero(s) of the function. Continue the iterations until two successive approximations differ by less than 0.001. Then find the zero(s) to three decimal places...

Q:

A bond due in six months that will be paid from special funds should be classified as a Blank _ _ _ _ _ _ . Multiple choice question. current liability long - term obligation

Q:

Assume it is Monday, May 1, the first business day of the month, and you have just been hired as the accountant for Colo Company, which operates with monthly accounting periods. All of the companys...