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Cost Estimation

Posted: Thu Apr 20, 2017 9:11 am
by Vrd_quest
As per my understanding this should be B, as the question says Comparatively Accurate

Any other thoughts ?

You are a project manager and working on a middle sized complex engineering project and willing to estimate the cost for the project. Which technique would you use to do comparatively accurate estimation?
A) Bottom-up Estimation
B) Analogous Estimation
C) Parametric Estimation
D) Three Point Estimation

Re: Cost Estimation

Posted: Fri Apr 21, 2017 1:07 pm
by kapil.bhauryal
I will go with A) Bottom-up Estimation. Out of all estimation technique, "Bottom up estimation" provide more accurate.

Please do not confuse.