Which Estimating Technique Uses Historical Data from a Similar Project

question 13

Multiple Choice

Which estimating technique uses historical data from a similar project as a starting point for creating a time or cost estimate?

• A) analogous estimating
• B) parametric estimating
• C) bottom-up estimating
• D) Monte Carlo estimating

Recognize the importance of both verbal and nonverbal behaviors in creating a trusting counseling relationship.

Comprehend the sequential steps of skill development in nutrition counseling and their importance.

Identify appropriate responses and intents in counseling, such as acknowledging, exploring, and challenging.

Understand how to use reflecting and self-disclosing responses effectively in counseling.

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Definitions:

Annuity

A series of identical cash flows.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Invest Today

A strategy or encouragement to allocate resources, such as time or money, currently, with the expectation of future benefits.

Present Value

The present value of a future amount of money or series of cash flows, when calculated with a certain return rate.