In practice, estimating processes are frequently assified as 

• 
  
• Broad/Specific. 
• Rough/polished. Top down/bottom up. 
• Draft/final. 
• Precise/order of magnitude.

 

The project scope statement indicates that the client is responsible for training the people who will be using the equipment and that the project team will train the client's trainers. This is an example of

 

• Technical requirements 
• Limits and exclusions. 
• Project objectives 
• Deliverables 
• Milestones 

 

Which of the following describes the consensus method? 

• Uses weighted macro variables or major parameters such as the number of inputs or outputs to estimate the total cost and time of the project 
• Uses the number of square feet to estimate the total cost and time of the project 
• Uses pooled experience of senior and/or middle managers to estimate the total project duration and cost 
• Should be used only for projects that require the same task group of tasks, or product to be repeated several times 
• Uses several people with relevant experience regarding the task at hand to make time and cost estimates 
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