What is a likely benefit of re-estimating throughout the project life cycle?
A. The project will be much more economically viable.
B. The business case is justified to a greater degree.
C. Overall project duration is reduced.
D. Reduction in contingency reserves are achieved.
What estimating method is most commonly used in the definition phase Of the project life cycle?
A. Analogous.
B. Analytical
C. Parametric.
D. Statistical
When in the project life cycle might analogous estimating be most commonly used?
A. Transition.
B. Concept
C. Deployment.
D. Definition.
What factor creates the effect of the estimating funnel?
A. Project team getting to know each other better.
B. utilization of learning and experience.
C. Project scope increasing in cost.
D. use of a linear life cycle
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