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CAPM · Question #301

Based on a previous project that has been completed, a project manager decides the best way to estimate costs is through historical data. What kind of estimating is this?

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Predictive, Plan-Based Methodologies

Question

Based on a previous project that has been completed, a project manager decides the best way to estimate costs is through historical data. What kind of estimating is this?

Options

  • ABottom-up
  • BThree-point
  • CParametric
  • DAnalogous

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Topics

#Cost Estimating#Analogous Estimating#Estimating Techniques#Project Cost Management
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