Good condition for bottom-up estimating

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Reference no: EM131713558

1. For project times and costs, we can classify the estimating process into

A. Top down/bottom up.

B. Rough/polished.

C. Precise/order of magnitude.

D. Draft/final.

E. Broad/Specific.

2. Advertising is an example of which of the following costs typically found in a project?

A. Labor

B. Direct

C. Direct project overhead

D. General and administrative overhead

E. Salary

3. Which of the following is a good condition for bottom-up estimating?

a. Internal, small project

b. Cost and time important

c. Strategic decision making

d. Unstable scope

e. High uncertainty

Reference no: EM131713558

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