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6 - Cost Estimation Flashcards | StudBud

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In learning curves the doubling of output results in

Which is not a problem with cost estimations?

6 - Cost Estimation

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Project Management

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Questions 5

Answers

1
Which is not a problem with cost estimations?
Low initial estimates
Specification changes
Supplier factors
Lack of definition
2
In learning curves the doubling of output results in
no change
1/2 increase in time to perform
a increase in time to perform
a decrease in time to perform
3
When upper management gives you all the money you can have for a project this is called?
Upper Management Choice
Activity-based costing
Tops-down
Bottom-up
4
Boeing uses parametric estimating which is similar to?
Comparative
Definitive
Ballpark
Feasibility
5
Which is not a common source of project cost?
Subcontractors
Expediting
Labor
Materials