Ask Question
31 December, 16:14

uses project characteristics in a mathematical model to estimate project costs. a. Rough order of magnitude estimating b. Bottom-up estimating c. Analogous estimating d. Parametric estimating

+5
Answers (1)
  1. 31 December, 19:01
    0
    The correct answer is letter "E": Parametric estimating.

    Explanation:

    Parametric costs estimating allows companies to estimate future expenditures based on activities the firm incurred in the past. The approach uses mathematical equations and statistic methods to support the predictions. In the process, variables - called parameters for the approach - are the reference for both mathematical calculation and statistic analysis.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “uses project characteristics in a mathematical model to estimate project costs. a. Rough order of magnitude estimating b. Bottom-up ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers