Question: Work package, planning horizon, top-down, macro bottom-up, micro, padding estimates , apportion. 1. Estimates that are typically based on estimates of elements found in the

Work package, planning horizon, top-down, macro

Work package, planning horizon, top-down, macro bottom-up, micro, padding estimates , apportion. 1. Estimates that are typically based on estimates of elements found in the work breakdown structure are called estimates. 2. Estimates that are usually derived from analogy or mathematical relationships are called estimates. 3. The estimating factor known as considers the decreasing accuracy of estimates as one forecasts activities that are further into the future. 4. The tendency to over-estimate project time and cost in order to improve the likelihood of meeting the estimates is known as the factor

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