cost management - type of estimate
Submitted by vijayavadrevu on Fri, 03/29/2013 - 10:32
Forums:
When a company is unsure about the cost of the project but needs to have the project accomplished, which of the following estimating methods might the company rely upon?
A) Parametric B) Analogous C) Bottom-Up D)Vendor bid analysis
The answer is given as D) Vendor bid analysis
Why can’t the answer be Analogous?
