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ISEB-PM1 · Question #573

Parametric cost estimating involves

The correct answer is A. using a statistical model to estimate costs. You've hit your weekly limit · resets 5am (America/New_York)

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Question

Parametric cost estimating involves

Options

  • Ausing a statistical model to estimate costs
  • Bcalculating the individual estimates of work packages
  • Cdefining the perimeters of the life-cycle
  • Dusing the WBS to do bottom up estimates
  • EBoth 1) using the WBS to do bottom up estimate, and 2) calculating the individual estimates of

How the community answered

(66 responses)
  • A
    83% (55)
  • B
    5% (3)
  • C
    2% (1)
  • D
    2% (1)
  • E
    9% (6)

Explanation

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Topics

#parametric estimating#cost estimation#statistical model#estimating techniques

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