Question: Summrize the problem with example. Problem #12 Define project cost terms and tell how each is used in estimating project cost. Compare and contrast analogous,

Summrize the problem with example.

Problem #12

  1. Define project cost terms and tell how each is used in estimating project cost.
  2. Compare and contrast analogous, parametric, and bottom-up methods of estimating costs.
  3. Describe issues in project cost estimating and how to deal with each.

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