Question 4 1 pts You are selected as the project manager for the development of

Question

Question 4 1 pts You are selected as the project manager for the development of a new development. The executive sponsor has set the budget at $3.5M and handed you the responsibility of adhering to the amount. This type of "esti that the project manager and team did not participate in is called a lopment of a new development. The executive sponsor has d handed you the responsibility of adhering to the amount. This type of "estimate" O comparative estimate O bottoms-up estimate top-down estimate O detailed estimate 4 Prenous Next

Explanation / Answer

Comparative Estimate

Because the estimate taken is on the experience based cost in which costs associated with current jobs are compared with costs associated with previously completed jobs (for which detailed data is available).

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