Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

estimating uses values, or attributes, of a previous project that are similar to the current project. Values and attributes of the projects may include but

estimating uses values, or attributes, of a previous project that are similar to the current project. Values and attributes of the projects may include but are not limited to: scope, cost, budget, duration, and measures of scale (e.g., size, weight). Comparison of these project values, or attributes, becomes the basis for estimating the same parameter or measurement for the current project. Question 3 options: Parametric cost Bottom-up cost Three-point cost Analogous cost

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Operations Management Sustainability And Supply Chain Management

Authors: Jay Heizer, Barry Render, Chuck Munson

13th Edition

0135173620, 978-0135173626

More Books

Students also viewed these General Management questions

Question

=+Identify the key components of a strategic plan

Answered: 1 week ago