x
Info
x
Warning
x
Danger
 / 
 / 
 / 
11.A budgetary estimate the most accurate of the three types

Question : 11.A budgetary estimate the most accurate of the three types : 1525102

 

 

11.A budgetary estimate is the most accurate of the three types of estimates.

a.True

b.False

12.Budgetary estimates are made even before a project is officially started.

a.True

b.False

13.Definitive estimates are made one year or less prior to project completion.

a.True

b.False

14.Estimates should become more accurate as time progresses.

a.True

b.False

15.Supporting details for an estimate include the ground rules and assumptions used in creating the estimate.

a.True

b.False

16.Analogous estimates are called activity-based costing.

a.True

b.False

17.Analogous estimates are the most accurate technique to estimate costs.

a.True

b.False

18.In a bottom-up estimate, the size of the individual work items is one of the factors that drives the accuracy of the estimates.

a.True

b.False

19.Parametric models are reliable when the models are flexible in terms of the project’s size.

a.True

b.False

20.One of the reasons why project cost estimates are inaccurate is because human beings are biased toward underestimation.

a.True

b.False

 

Solution
5 (1 Ratings )

Solved
Computer Science 1 Year Ago 17 Views
This Question has Been Answered!
Unlimited Access Free
Explore More than 2 Million+
  • Textbook Solutions
  • Flashcards
  • Homework Answers
  • Documents
Signup for Instant Access!
Ask an Expert
Our Experts can answer your tough homework and study questions
154049 Computer Science Questions Answered!
Post a Question