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CAPM · Question #301
CAPM Question #301: Real Exam Question with Answer & Explanation
The correct answer is D: Analogous. See the full explanation below for the reasoning.
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
Topics
#Cost Estimating#Analogous Estimating#Estimating Techniques#Project Cost Management
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