Which of the Following Types of Estimate Use the Actual

question 67

Multiple Choice

Which of the following types of estimate use the actual cost of a previous, similar project as the basis for estimating the cost of the current project?

• A)Definitive estimates
• B)Parametric estimates  
• C)Bottom-up estimates
• D)Analogous estimates

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Definitions:

Service Delivery

The process of providing services to customers or clients in an efficient, timely, and satisfactory manner.

Theory X

Douglas McGregor’s Theory X and Theory Y framework grew from the human relations movement.

Ethnocentric Attitude

A viewpoint that one's own culture or ethnicity is more important or superior to others, often leading to biases in judgment and behavior.

Systems-Oriented View

An approach that considers the organization as a system composed of interrelated and interdependent parts, focusing on how changes in one part affect the whole.