A project team member is estimating the cost of an activity and is checking documentation from previous similar projects. Which estimation method is the project manager using to complete this task?

Last Updated on March 28, 2022 by Admin 2

A project team member is estimating the cost of an activity and is checking documentation from previous similar projects. Which estimation method is the project manager using to complete this task?

  • Bottom-up estimating
  • Three-point estimating
  • Analogous estimating
  • Parametric estimating
Explanation:
Reference: https://pm4id.org/chapter/9-1-estimating-costs/
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