Which of the Following Describes the Consensus Method

question 20

Multiple Choice

Which of the following describes the consensus method?

• A)Should be used only for projects that require the same task, group of tasks, or product to be repeated several times
• B)Uses several people with relevant experience regarding the task at hand to make time and cost estimates
• C)Uses pooled experience of senior and/or middle managers to estimate the total project duration and cost
• D)Uses the number of square feet to estimate the total cost and time of the project
• E)Uses weighted macro variables or major parameters such as the number of inputs or outputs to estimate the total cost and time of the project

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Definitions:

Ratio

A quantitative relationship between two numbers showing how many times the first number contains the second.

Proportion

A part, share, or number considered in comparative relation to a whole.

Overhead

The ongoing business expenses not directly attributed to creating a product or service, such as rent, utilities, and administrative costs.

Lowest Terms

The equivalent ratio having the smallest possible integers for its terms.