A budget estimate based on a similar project is an) _____ estimate.
A) subtotaled
B) analogous
C) parametric
D) top-?bottom
E) bottom-up

Name: A budget estimate based on a similar project is an) _____ estimate. A) subtotaled B) analogous C) parametric D) top-?bottom E) bottom-up
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A budget estimate based on a similar project is an analogous estimate. Analogous estimation relies on historical information from projects with similar scope, scale, and risks to provide a top-level estimate of project costs.

A Budget Estimate Based on a Similar Project Is An)