Question: Bottom - up estimate Budget contingency Work Parametric estimate Analogous estimate 1 . On the cost that was incurred during a previous, similar project. 2

Bottom-up estimate
Budget contingency
Work
Parametric estimate
Analogous estimate
1. On the cost that was incurred during a previous, similar project.
2. An estimate based on the characteristics of each work package in the WBS and Project Scope Statement.
3. The difference between the total approved Project Budget and the current cost estimate.
4. The total elapsed time between the start date and end date of the activity.
5. The actual amount of time spent on an activity.
6 An estimate based on the customs and norms of the organization
7. An estimate based on the

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