____ estimates,also called top-down estimates,use the actual cost of a previous,similar project as the basis for estimating the cost of the current project.
A) Homologous
B) Analogous
C) Sequential
D) Parallel

Question

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Analogous estimates use the actual cost of a previous, similar project as the basis for estimating the cost of the current project. This method is also known as top-down estimating or comparison estimating. Homologous estimates refer to estimating the cost of a new project based on the cost of a similar project in the past, but with adjustments made for differences between the two projects. Sequential and parallel refer to different types of project management methodologies and are not related to cost estimating.

____ Estimates,also Called Top-Down Estimates,use the Actual Cost of a Previous,similar