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Which type of estimating can produce higher levels of accuracy, depending upon the sophistication and underlying data built into the model?
A. Three-point
B. Bottom-up
C. Parametric
D. Analogous
Answer: C
Explanation:
Explanation/Reference:
Explanation:
7.2.2.3 Parametric Estimating
Parametric estimating uses a statistical relationship between relevant historical data and other variables (e.g., square footage in construction) to calculate a cost estimate for project work. This technique can produce higher levels of accuracy depending upon the sophistication and underlying data built into the model. Parametric cost estimates can be applied to a total project or to segments of a project, in conjunction with other estimating methods.
NEW QUESTION: 2
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Answer:
Explanation:
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B. Type 7
C. Type 5
D. Type 2
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A. IR/RGB camera with high definition capabilities
B. high resolution 4K display
C. ultra-bright display with ambient light sensor
D. crystal-clear collaboration
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