ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Martin is the project manager of a project that is in an early phase. He needs to estimate costs but finds that he has a limited amount of detailed information about the project. Which of the following estimation techniques is least suited to his requirements?
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Top-down Estimating
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Bottom-up Estimating
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Analogous Estimating
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Budgetary Estimating
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Explanation:
Detailed explanation-1: -Which costs are controllable by the project manager? The three major types of costs are direct, direct overhead, and general and administrative costs. Direct costs are controllable by the project manager.
There is 1 question to complete.