Question: How does the Bottom up cost estimating method work? a. Using mathematical model with parameters to calculate the total cost. b. Using top down historical
How does the Bottom up cost estimating method work?
a.
Using mathematical model with parameters to calculate the total cost.
b.
Using top down historical records of previous projects costs.
c.
Aggregating the estimates of the lower-level components of the Work Breakdown Structure (WBS)
d.
Bottom-up is not a valid project cost estimating method.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
