PMI Exam Questions

Which of the following is NOT true about Analogous Estimate Costs ?

Which of the following is NOT true about Analogous Estimate Costs ?

A.
Does not require high expertise on part of estimators as estimates are based on previous projects

B.
Uses Expert Judgment

C.
Useful in early phases of the project

D.
Used when reference projects are similar

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