Question: Why is past experience the best starting point for creating quality time and cost estimates?

Why is past experience the best starting point for creating quality time and cost estimates?

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!

Q:

A tornado damaged a part of the City of Westbrook's Police Station. Some of the costs related to the damage included the following: 1. The building wiring had to be replaced. Since the wiring was...

Q:

Why is past experience the best starting point for creating quality time and cost estimates? Multiple choice question. While projects are unique, many elements are similar to past work. It's not. All...

Q:

9. Control quality generally includes all of the following EXCEPT: 10. When a project manager asks clarifying questions and paraphrases what is being communicated to them, he or she is using ? 11....

Q:

You are asked to develop a cost estimate for the following project: After starting two businesses that succeeded, and two that failed, you are ready to start number 5. From past experience you know...

Q:

1 Which of the following is not a major supplier of ERP systems and/or ERP software: a. SAP b. Oracle c. QuickBooks Enterprise d. All of the above are major ERP suppliers 4 points Question 2 The...

Q:

1 Which of the following is not a major supplier of ERP systems and/or ERP software: a. SAP b. Oracle c. QuickBooks Enterprise d. All of the above are major ERP suppliers 4 points Question 2 The...

Q:

organization is a fybtid form in which a horitontal project management structure a zoverdaid in the normal functonal hierarchy. et answered Select one:- red out of 100 1. Functional b. Projegt Neutal...

Q:

organization is a fybtid form in which a horitontal project management structure a zoverdaid in the normal functonal hierarchy. et answered Select one:- red out of 100 1. Functional b. Projegt Neutal...

Q:

look into the transcription of the videos that we coded for the Dominance project and identify if there are any errors (grammar and spelling and etc): 1673015005057.mp4 Baseline 181 Baseline181 Hi,...

Q:

Examples of summarization and evaluation of annotated bibliographies: Field, J. (2003). Social capital. Retrieved from EBSCO eBook and Audiobook Collection database. In this section, you will be...

Q:

Nucleon 1) Describe the vertical chain for biotechnology productions. What "make" decisions has Nucleon already made? What "buy" decisions has it already made? Evaluate these decisions. 2) Draw a...

Q:

Universal Manufacturing Company produced variety of products all of which is processed in two departments. The company presented to you the following budgeted information for the current year to help...

Q:

In a flat wall with a thickness of 20 mm (17 W/mK), a heat flow of 90 MW/m3 is released per unit volume. The temperatures on the boundary surfaces of the wall have constant values, namely T=1500 C...

Q:

When did the Colorado River cut most of the modern - day Grand Canyon? beginning in the Late Permian Period ( about 2 6 0 million years ago ) beginning in the Late Cretaceous Period ( about 7 0 m...

Q:

The annual demand for an item is 1,700 units. The order cost is $7. Unit cost is $8 and the unit holding cost per year is 18% of the item's value. The order quantity is 125 units. What are the total...