PMI Exam Questions

Analogous Estimate Cost is ____________________

Analogous Estimate Cost is ____________________

A.
Generally Accurate

B.
Generally less accurate

C.
Bottom-Up estimating

D.
None

Explanation:
Analogous Estimate Cost is Generally less accurate. Analogous Estimate Cost Uses Expert Judgement. It is used when refernce projects are similar. It is useful in early phases of the project.