Following top-down methods is used when projects closely follow past projects in regard to features and costs of those features,

Question

4 years ago

12

Following top-down methods is used when projects closely follow past projects in regard to features and costs of those features,

and result in costs being assigned by percentages to major segments of the project?
A. Apportion
B. Function point
C. Phase estimating
D. Learning curve
E. Consensus

Business

1 answer:

Hatshy [7] · Answer 1 · 2021-12-08T06:21:12+03:00

Answer: Apportionment

Explanation: Apportionment is also known as analogous estimating which is used when projects closely follow past projects in features and costs. As a result, in addition to good historical data, estimates regarding project feature, cost and duration can be made quickly, with little effort and reasonable accuracy to various segments of the current project. The method of apportionment is very common in projects that are relatively standard, but with little variation or customisation.