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hine: ADMIN
Student:
Server: Eng_EOS_ 14032 Exam Code: PMG201
Duration: 60 minutes
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Q mark: 1
Total Marks: 50
Vol 8
Size: 10
Time Left:58:16
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Font: Microsoft
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(Choose 1 answer)
A past project took 20,000 hours to complete. Your new project is adding some additional scope and that scope is estimated to take 10,000 additional hours. There is some work that was completed in the previous project that will not be completed in this project. That work is estimated at 5,000 hours. Labor rates have increased 10%, the old rate was $25 per hour. Your estimate for the new project is $687,500. Which estimating method is used?
A. Parametric estimating
B. Analogous estimating
C. Bottom-up estimating
D. Three-point estimating
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