Companies like Boeing, Kodak, and IBM are using which of the following for improving the estimating process?
A)Adjusting estimates based on individual forecasting abilities
B)Benchmarking using the experience of other companies
C)Using time and motion studies
D)Creating historical databases of previous projects
E)All of these are correct

Question

Quizplus · Accepted Answer

Some organizations have large estimating departments of professional estimators-e.g., Boeing, Kodak, IBM-that have developed large time and cost databases.

Companies Like Boeing, Kodak, and IBM Are Using Which of the Following