Question: Top - down estimates ( You may select more than one answer. Single cllck the box with the qu for a correct answer and double
Topdown estimates You may select more than one answer. Single cllck the box with the qu for a correct answer and double cllck the box with the question mark to empty the box for question mark wIII be automatically graded as incorrect.
are used in the project conceptual phase
depend on surrogate measures such as weight or square feet or ratios
do not consider individual activity issues and problems
are good for rough estimates
can help select and prioritize projects
are made by people familiar with the task
help to gain buyin on the validity of the estimate
improve the accuracy of the estimate
should be preferred if estimating cost is reasonable
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