54) Analogous estimating:
A. Uses bottom-up estimating techniques.
B. Uses the actual costs from a previous, similar project.
C. Is synonymous with top-down estimating.
D. A and B
E. B and C
56) Parametric cost estimating involves:
A. Calculating individual cost estimates for each work package.
B. Using rates and factors based on historical experience to estimate costs.
C. Using the actual cost of a similar project to estimate total project costs.
D. A and B
E. B and C
57) A cost management plan is:
A. A plan for describing how cost variances will be managed.
B. A subsidary element of the project charter.
C. An input to the Cost Estimating process.
D. A and C
E. A and B
58) Cost estimating:
A. Involves developing an estimate of the costs of the resources needed to complete project activities.
B. Includes identifying and considering various costing alternatives.
C. Involves allocating the overall estimates to individual work items.
D. A and C
E. A and B
59) Which of the following inputs belongs to Resource Planning?
A. Scope statement
B. Resource pool description
C. Organizational policies
D. Historical information
E. All of the above are inputs to Resource Planning