Which of the following statements about the cost estimation methods is FALSE?
A)With the conference method, the accuracy of the cost estimates largely depends on the accuracy and details of the inputs.
B)The methods require more historical data than most quantitative analysis.
C)The methods are not mutually exclusive.
D)There are four methods generally used for cost estimation.
E)Many organizations use a combination of the approaches.

Question

Quizplus · Accepted Answer

The statement that the methods require more historical data than most quantitative analysis is false. Cost estimation methods often rely on historical data, but not necessarily more than other quantitative analyses.

Which of the Following Statements About the Cost Estimation Methods