All of the following factors must be in place in order to develop an analogous estimate effectively EXCEPT:
A) An organization must know details behind the time value of money
B) An organization must know the proposed effort differs from the previous project.
C) An organization must have experience with the methods by which the proposed project will be performed.
D) An organization must know how much previous projects actually cost.

Question

Quizplus · Accepted Answer

Understanding the time value of money is not necessary for developing an analogous estimate, which primarily relies on comparing the current project to past projects in terms of cost, effort, and methods.

All of the Following Factors Must Be in Place in Order