Question: he bottom - up method of estimating where work package time and costs for past projects are used as a starting point for a new

he bottom

-

up method of estimating where work package time and costs for past projects are used as a starting point for a new project and adjustments are made based on differences in the new project is known as the

___________.

Group of answer choices

range estimating

parametric procedure

template method

phase estimating method

WBS method

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!

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...

The bottom-up method of estimating where work package time and costs for past projects are used as a starting point for a new project and adjustments are made based on differences in the new project...

The bottom - up method of estimating where work package time and costs for past projects are used as a starting point for a new project and adjustments are made based on differences in the new...

44 Help Bayed Course Exam The bottom-up method of estimating where work package time and costs for past projects are used as a starting point for a new project and adjustments are made based on...

The bottom - up method of estimating where work package time and costs for past projects are used as a starting point for a new project and adjustments are made based on differences in the new...

The bottom - up method of estimating where work package tini - and costs for past projects are used as a starting point for adjustments are made based on differences in the new projcct is known as...

Read the Article below "5 Keys to estimating" and submit your summary feedback Abstract In the realm of project management, nothing is more valuable than estimates that accurately reflect reality,...

12 Chapter A4148 23218 6/8/01 6:25 PM Page 361 12Initiating Objectives After reading this chapter, you will be able to: 1. Understand the importance of initiating projects that add value to an...

PLEASE ANSWER THE FOLLOWING QUESTIONS AND BOLD THE ANSWER? 1.A project manager is estimating the project duration and finds that the only information available to him is a previous project that was...

Q7. (4] (a) For the given expression draw the TRUTH TABLE Y = AB C+A.B (b) From the truth table derive the POS EXPRESSION and implement it by basic gates (c) Redraw the logic diagram by using only...

Global management consulting firm McKinsey & Company forecasts that labor productivity growth from the adoption of artificial intelligence, machine learning, and robotics will average between 0.8...

The type of business entity in which there is no legal distinction between the owner and the business is called a: Group of answer choices partnership. limited partnership. limited liability company....

-/1 View Policies Current Attempt in Progress The following amortization and interest schedule reflects the issuance of 10-year bonds by Bridgeport Corporation on January 1, 2014, and the subsequent...