Daily PMP® Quiz - Question 23 Cost Management
by Ashok Chaturvedi - Which is NOT true about Analogous Cost Estimating?
Select one:
a. Uses Expert Judgment.
b. Used when reference projects are similar.
c. Does not require high expertise on part of estimators as estimates are based on previous projects.
d. Useful in early phases of the project.
The correct answer is: Does not require high expertise on part of estimators as estimates are based on previous projects.
Your answer is incorrect.