104. You are managing a highway construction project. You have to build a three-mile interchange at a cost of $75,000 per quarter-mile.

Your project team consists of a road planner, an architect, an engineer, a foreman and sixteen highway workers. The workers are will not be available until week 10 of the project. Your preliminary scope statement is complete, and you have met with your stakeholders and sponsor. Your senior managers are now asking you to come up with an estimate. Your company has done four other highway projects very similar to this one, and you have decided to make your estimate by looking at the costs of those previous projects.

What kind of estimate involves comparing your project to a previous one?

Parametric Analogous Bottom-Up Rough Order of Magnitude