The approach to estimating project time and cost that begins with an overall estimate for the project and then refines estimates for various stages of the project as it is implemented is known as ____________.
A) range estimating
B) parametric procedure
C) template method
D) phase estimating method
E) WBS method

Question

Quizplus · Accepted Answer

The phase estimating method starts with a broad estimate and refines it as the project progresses through its phases, making it more accurate as more details become available.

The Approach to Estimating Project Time and Cost That Begins