Companies are using which of the following for improving the estimating process for future projects?
A) Adjusting estimates based on individual forecasting abilities
B) Benchmarking and using the experience of other companies
C) Using time and motion studies
D) Creating historical databases of previous projects
E) Establishing an estimating training course for all employees

Question

Quizplus · Accepted Answer

The Answer of Companies are using which of the following for improving the estimating process for future projects?
A) Adjusting estimates based on individual forecasting abilities
B) Benchmarking and using the experience of other companies
C) Using time and motion studies
D) Creating historical databases of previous projects
E) Establishing an estimating training course for all employees

Companies Are Using Which of the Following for Improving the Estimating