The Preferred Method for Situations Where the Cost and Time

question 77

Multiple Choice

The preferred method for situations where the cost and time estimates are important, in a fixed contract situation, and when the customer wants a lot of detail is the ___________ approach to estimating project time and costs.

• A) top-down
• B) experiential
• C) bottom-up
• D) reference class
• E) professional estimation

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Definitions:

Trading

The buying and selling of financial instruments like stocks, bonds, commodities, and derivatives within financial markets.

Coupon Bond

A bond that pays the holder periodic interest payments based on a pre-defined rate (the coupon rate) until maturity when the principle is also repaid.

Current Yield

The annual income (interest or dividends) from an investment, expressed as a percentage of the current price of the investment.

Trading

The act of buying, selling, or exchanging financial assets like stocks, bonds, or commodities in financial markets.