Which Estimating Technique Uses the Cost from a Previous Project

question 12

Multiple Choice

Which estimating technique uses the cost from a previous project along with measures of scale to estimate the cost for a similar,future project?

• A) analogous estimating
• B) parametric estimating
• C) bottom-up estimating
• D) Monte Carlo estimating

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Definitions:

Canadian Pacific Railway

A historic Canadian railroad company established in 1881, instrumental in the development of Canada, connecting the country from coast to coast.

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