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Which of the Following Statements Are True About Cost Estimating

Question 11

Multiple Choice

Which of the following statements are true about cost estimating (circle all that are true) :


A) the expert opinion method is the same as the cost engineering method
B) the analogy method requires that a similar project or work task was done previously
C) the parametric method is an estimate based on a mathematical formula
D) the analogy method can take into account differences between projects

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