What type of estimate is a cost estimation tool used to allocate money into an organization's budget?
A) budgetary
B) definitive
C) rough order of magnitude
D) ballpark

Name: What type of estimate is a cost estimation tool used to allocate money into an organization's budget? A) budgetary B) definitive C) rough order of magnitude D) ballpark
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

What type of estimate is a cost estimation tool used to allocate money into an organization's budget? 
A) budgetary
B) definitive
C) rough order of magnitude
D) ballpark

Quizplus · Accepted Answer

A budgetary estimate is used to allocate money into an organization's budget. Budgetary estimates are made one to two years prior to project completion.

What Type of Estimate Is a Cost Estimation Tool Used