1. For project times and costs, we can classify the estimating process into
A. Top down/bottom up.
B. Rough/polished.
C. Precise/order of magnitude.
D. Draft/final.
E. Broad/Specific.
2. Advertising is an example of which of the following costs typically found in a project?
A. Labor
B. Direct
C. Direct project overhead
D. General and administrative overhead
E. Salary
3. Which of the following is a good condition for bottom-up estimating?
a. Internal, small project
b. Cost and time important
c. Strategic decision making
d. Unstable scope
e. High uncertainty