Question: Top - down estimates ( You may select more than one answer. Single click the box with the question mark to produce a check mark

Top-down estimates (You may select more than one answer. Single click the box with the question mark to produce a check mark
for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a
question mark will 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 buy-in on the validity of the estimate
improve the accuracy of the estimate
? should be preferred if estimating cost is reasonable
Bottom up estimates (You may select more than one answer. Single click the box with the question mark to produce a check mark
for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a
question mark will be automatically graded as incorrect.)
are made by people familiar with the task
help to gain buy-in on the validity of the estimate
improve the accuracy of the estimate
should be preferred if estimating cost is reasonable
are used in the project conceptual phase
depend on surrogate measures such as weight or square feet or ratios
 Top-down estimates (You may select more than one answer. Single click

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