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52 of 75 A Project Manager is developing a budget for excavating two 20- meter wells. She has statistics that indicate that wells historically

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52 of 75 A Project Manager is developing a budget for excavating two 20- meter wells. She has statistics that indicate that wells historically cost $1000 per meter, so she budgets $20,000 for the activity. This is an example of which of the type of budgeting? 0000 Top-Down Estimates. Budget Planning. Parametric Estimates. Bottom-Up Estimates.

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