Estimates That Are Typically Based on Estimates of Elements Found

question 30

True/False

Estimates that are typically based on estimates of elements found in the work breakdown structure are called bottom-up estimates.

---

Definitions:

Businesses

Businesses are organizational entities involved in the provision of goods and services to consumers in exchange for payment.

Print Ads

Advertising that appears in printed media, such as newspapers and magazines, aiming to inform, persuade, or remind consumers about products or services.

International Business

Commercial transactions that occur across national borders, involving the exchange of goods, services, technology, and capital.

Foreigners

Individuals who come from a different country or nation and are considered non-natives in the visited or residing country.