Which cost estimation technique is useful in all situations?
A) Analysis at the account level
B) Regression analysis
C) Two-point method
D) No one method is useful in all situations

Question

Quizplus · Accepted Answer

No single cost estimation technique is universally applicable in all situations. Each technique has its strengths and weaknesses, and the most appropriate technique will depend on factors such as the data available, the complexity of the project or activity being estimated, and the accuracy required. It is usually a good idea to use a combination of different techniques to arrive at a reliable estimate.

Which Cost Estimation Technique Is Useful in All Situations