Question: Developing an accurate cost estimate is difficult, according to the PMBOK Guide . Project managers frequently use two of the cost-estimating techniques, analogous estimating (top-down)

Developing an accurate cost estimate is difficult, according to the PMBOK Guide. Project managers frequently use two of the cost-estimating techniques, analogous estimating (top-down) and bottom-up estimating. For this discussion, evaluate these two techniques in terms of your project management plan and respond to the following:

Which budgeting strategy, top down or bottom up, will you use for your project?
Why did you select this strategy?

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