The Prior Experience Method to Make Time and Cost Estimates

question 80

True/False

The prior experience method to make time and cost estimates works best for large projects.

---

Definitions:

Canadian Human Rights Acts

A set of laws in Canada aimed at preventing discrimination and ensuring equal treatment for all, regardless of race, religion, gender, etc.

Human Resource Planning

The process of forecasting an organization's future human resource requirements and devising strategies to meet those needs, including staffing and development.

Human Resources

A business department focused on managing employee-related processes such as hiring, training, performance appraisal, and benefits administration.

Mission Statement

A statement outlining the purpose and long-term objectives of the organization.