The Order of Magnitude Cost Estimate Is Used When

question 98

Multiple Choice

The order of magnitude cost estimate is used when:

• A)Ballpark estimates are not considered accurate enough.
• B)Historical data are readily available.
• C)Information or time is scarce.
• D)Parametric estimation has already been performed.

---

Definitions:

Patterned Exchange

Repeated, structured interactions or transactions between parties, characteristic of certain economic or social systems.

Jazz Duet

A musical performance by two players, often improvisational in nature, characteristic of the jazz genre.

Easy

Something that can be achieved or accomplished with little effort or difficulty.

Colic

A condition manifested in infants, characterized by periods of intense, unexplained crying and fussiness, often due to gastrointestinal discomfort.