Question: Critically describe the following five cost estimation techniques. Expand on these techniques: Parametric estimating Unit-Rate estimating Resource-based estimating Expert Judgement Method Analogous Estimating Method PLEASE

Critically describe the following five cost estimation techniques. Expand on these techniques:

  1. Parametric estimating
  2. Unit-Rate estimating
  3. Resource-based estimating
  4. Expert Judgement Method
  5. Analogous Estimating Method

PLEASE BE EXTREMELY DETAILED!!!!

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