Question: The method is a top-down approach of estimation which uses historical data of past projects that are relatively standard to allocate duration and costs to

The method is a top-down approach of estimation which uses historical data of past projects that are relatively standard to allocate duration and costs to various segments of the current project

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!

in 150 - 200 words summarize and rephrase this article and get one sentence the most take away and o ne-sentence criticism from this article Planning-stage estimation of highway project duration on...

please get one sentence the most take away and o ne-sentence criticism from this article Planning-stage estimation of highway project duration on the basis of anticipated project cost, project type,...

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...

informs Vol. 34, No. 3, May-June 2004, pp. 191-205 issn 0092-2102 \u0001 eissn 1526-551X \u0001 04 \u0001 3403 \u0001 0191 doi 10.1287/inte.1030.0068 2004 INFORMS Inventory Decisions in Dell's Supply...

Chapter 2 - Planning Project Communication IN THIS CHAPTER Struggling with Proper Project Communication Planning Preventing Common Communication Problems Creating a Project Communication Plan...

QUESTION: I WOULD LIKE TO KNOW WHERE WOULD I FIND THIS INFORMATION WITHIN THE ANNUAL REPORT TO FIND THE ANSWER TO THIS ASSIGNMENT AND? You are a financial analyst for a Fortune 500 company and you...

Question 1 Which of the following statement is true: Not yet answered Select one: Marked out of 1.00 O a. Parametric estimating requires less information and time than analogous estimating. P Flag...

hello, need help with a accounting quiz I have attached: 1) quiz 2)pdf files CH. 18- CH 21 Chapter 18 \"Managerial Accounting Concepts/Job Costing\" from Accounting Principles: A Business...

General Aviation Hangar Restoration Read the following case to answer the following questions. 1. Describe the nature of the project, and its key objectives. 2. Define \"Dummy Activities\" and...

10. Which of the following is a key performance indicator (KPI) commonly used in operations management? a) Return on investment (ROI) b) Gross profit margin c) On-time delivery performance d) Market...

A project is in its 50th week and has an actual cost of $300,000 for the work performed to date. The budgeted cost of that work is $400,000. It expected to have completed $500,000 worth of work by...

Identify different forces that lead to the shortage economy in the article. Explain these effects on SRAS and AD curves. Draw an AS-AD diagram to illustrate these effects. F or a decade after the...

Evaluate the integral. 3 x - 7 x 2 - 6 x + 1 8 d x

1. Solve this general system of linear equations: 2. 3. X 2y = 5 2 + 3 3 3 3x + 2y = 7 (a) (b) x+ 2y 3z + 2t = 2 2x + 5y - 8z +6t = 5 3x + 4y - 5z + 2t = 4 x+2y+4z- 5t = 3 3x - y+ 5z + 2t = 4 5x -...

Training and education costs related to the new investments are often insufficiently recognized because of financial accounting expensing practice.

Assume that airplanes land independently of one another on a particular runway. If there is an 8% chance that no airplanes land in an hour, what is the probability that six airplanes land in an hour?...

You are considering undertaking a project where a $12 million investment would generate after-tax cash flows of $3 million per year for 5 years. Assume the all-equity financing rate for this project...

Question: question Assume that you work for a company that is not unionized and you were approached by a union organizer and asked to join a union. Explain four possible reasons why you might want to...

What reward will you give yourself when you achieve this?

11. Now consider the different goals you have for your life in the future. See these goals in relation to your core values and your roles. How do goals affect your roles and your values? Development...

Does this future have a sound, an image, a taste or a smell that you can evoke here and now?