What type of estimating technique have you used in this instance?

Posted by: Pdfprep Category: PgMP Tags: , ,

You are the program manager for the HNY Corporation and you complete programs for other companies in your role. You have just been assigned a new program that is very similar to a recently completed program you did for your company. Management has asked you to create a cost estimate for the program so you base your current cost estimate on the recently finished program.

What type of estimating technique have you used in this instance?
A . Bottom-up
B . Parametric
C . Analogous
D . Rough order of magnitude

Answer: C

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