PMI Exam Questions

Parametric cost estimating involves

Parametric cost estimating involves

A.
using a statistical model to estimate costs

B.
calculating the individual estimates of work packages

C.
defining the perimeters of the life-cycle

D.
using the WBS to do bottom up estimates

E.
Both 1) using the WBS to do bottom up estimate, and 2) calculating the individual estimates of work packages