Which of the following statements are true regarding cost estimating techniques?By: Answerout
Here's the answer for Which of the following statements are true regarding cost estimating techniques? Below is the solution for the Question
Which of the following statements are true regarding cost estimating techniques?
A. None of the choices are true
B. Bottom up estimating is a technique that uses statistical relationship between historical data and other variables to calculate a cost estimate.
C. Analogous estimating is generally more costly than other techniques but produces more accurate estimates
D. Parametric estimates involves estimating the cots of individual work packages at the lowest level of detail, and "rolling up" and summarizing the costs at higher levels
Give your Answers in the Comments. You can Discuss the answers and Concepts in the Comments.
This Answer is Given by Professionals and Practitioners. All the Questions on Answerout are answered correctly and if by mistake there's any kind of error our experts solve it ASAP. The Question - Which of the following statements are true regarding cost estimating techniques? is answered correct. 100% Assured. All the Questions and Answers on Answerout are available for free forever. For More Info.
More About the Exam
The exams keep changing and so does the order of questions in these exams. You can keep your knowledge up to date by searching separate questions because the correct answers obviously never changes. We Support the Community of Learners. We are always here just send us query on our contact us page. We'll be sure to reply.
All other types of exams and their respective questions will be available very soon. As we are currently updating all the content on this site. We've been in this industry from a long time with different Names. We try to provide best Certification Answers i,e., Regularly Updated.
The Certification Exam Answers for these MNCs are tough to Crack but We've got your back. You will find all other latest exam answers. Updated Regularly. Get the Answers and learn from the best.
We at Answerout make sure to provide the Best Possible content but We've made it Very Clear that you should use this for Learning and Practice. Never use the Answers provided as cheat sheet but learn all the Answers Properly. All The very Best for your Exam. we're Always here in case you want any assistance.
BookMark This site for Easy access and use in future.