Question: What is the difference between bottom-up and top-down estimating techniques in project planning? Top-down estimating is more time-consuming than bottom-up estimating Bottom-up estimating involves estimating

What is the difference between bottom-up and top-down estimating techniques in project planning? Top-down estimating is more time-consuming than bottom-up estimating Bottom-up estimating involves estimating individual activities and then summing them up, while top-down estimating involves estimating the overall project and then breaking it down Bottom-up estimating is more accurate than top-down estimating Bottom-up estimating is suitable for small projects, while top-down estimating is suitable for large projects

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