Cost Estimates That Are Based as a Guideline on Real

question 9

Multiple Choice

Cost estimates that are based as a guideline on real numbers,or figures derived after the completion of preliminary design work,are:

• A)definitive estimates.
• B)order of magnitude estimates.
• C)parametric estimates.
• D)feasibility estimates.

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Definitions:

Baby Boomers

The demographic group born during the post-World War II baby boom, approximately between the years 1946 and 1964.

World War II

World War II was a global conflict that lasted from 1939 to 1945, involving most of the world's nations and culminating in significant changes to the geopolitical landscape.

Cultural Background

Cultural background encompasses the cultural experiences, beliefs, values, and traditions that shape an individual's or group's identity.

Internal-operational Communication

Exchange of information within an organization to ensure smooth functioning and informed decision-making.