An estimation technique characterized by schedule and cost estimates of how long something should take or should cost.
A) Guesstimating
B) Delphi Technique
C) Time Boxing
D) Top-Down Estimating
E) Bottom-Up Estimating

Question

Quizplus · Accepted Answer

Top-Down Estimating is the technique of arriving at an estimate by breaking down the project into smaller components and then estimating the overall cost or schedule for the project. This estimation technique is commonly used when there is no detailed information available about the project or when there is a lack of time or resources to conduct a Bottom-Up Estimating.

An Estimation Technique Characterized by Schedule and Cost Estimates of How