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QUESTION 1 You are a brand new project manager in a balanced matrix environment. Your organization has in the past demonstrated a desire to

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QUESTION 1 You are a brand new project manager in a balanced matrix environment. Your organization has in the past demonstrated a desire to be risk averse. You project sponsor has requested a cost estimate from you for a new IT project. She would like the cost estimate to be as accurate as possible. Your best decision would be to use: O Analogous estimating techniques Bottom up estimating techniques Top down estimating techniques Expert judgment techniques QUESTION 2 Analogous estimating is: more reliable and less costly than other techniques more reliable than parametric estimating, less reliable than bottom-up estimating less reliable than parametric estimating and more costly top down estimating that is least reliable when the persons preparing the estimates don't have the required expertise

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