What type of estimate is a cost estimation tool that involves estimating individual work items or activities and summing them to get a project total?
A) budgetary
B) parametric
C) bottom-up
D) analogous

Question

Quizplus · Accepted Answer

Bottom-up estimates involve estimating the costs of individual work items or activities and summing them to get a project total. This approach is sometimes referred to as activity-based costing.

What Type of Estimate Is a Cost Estimation Tool That