____ use the actual cost of a previous,similar project as the basis for estimating the cost of the current project.
A)Actual estimates
B)Parametric estimates
C)Bottom-up estimates
D)Analogous estimates

Question

Quizplus · Accepted Answer

Analogous estimates use the actual cost of a previous, similar project as the basis for estimating the cost of the current project. This method is useful when there is limited information or when a project is too complex to use other methods.

____ Use the Actual Cost of a Previous,similar Project as the Basis