Which estimating technique decomposes the work into lower,more detailed pieces,preferably the lowest level of WBS work elements,for which estimates are prepared and then aggregates them into a total quantity for the project?
A) piece meal pricing
B) decomposition estimating
C) bottom-up estimating
D) grass roots estimating
Correct Answer:
Verified
Q23: There are many causes of variation in
Q24: The documentation of a project cost estimate
Q25: Which estimating technique uses a statistical relationship
Q26: Value engineering is aimed at increasing the
Q27: Projects often include indirect costs that are
Q29: Which estimating technique uses a statistical relationship
Q30: Costs that repeat as project work continues
Q31: All of the following factors must be
Q32: Activity based costing allocates overhead (indirect costs)to
Q33: What type of cost is incurred when
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents