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The bottom-up estimating technique encompasses the following basic steps.   Choose 4 of the 5 answers 1. Estimates resources for each piece of work or work package. 2. Decomposes activities into smaller units of work. 3. It does consider the fixed cost of project activities. 4. Aggregates all estimates into a total quantity. 5. Considers work, material, and cost resources needed for each project activity.

The bottom-up estimating technique encompasses the following basic steps.   Choose 4 of the 5 answers 1. Estimates resources for each piece of work or work package. 2. Decomposes activities into smaller units of work. 3. It does consider the fixed cost of project activities. 4. Aggregates all estimates into a total quantity. 5. Considers work, material, and cost resources needed for each project activity.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The bottom-up estimating technique encompasses the following basic steps.
 
Choose 4 of the 5 answers

1. Estimates resources for each piece of work or work package.
2. Decomposes activities into smaller units of work.
3. It does consider the fixed cost of project activities.
4. Aggregates all estimates into a total quantity.
5. Considers work, material, and cost resources needed for each project activity.
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