Distinguish bottom-up and top-down estimating approaches
Problem: What are the differences between bottom-up and top-down estimating approaches? Under what conditions would you prefer bottom-up? Under what conditions would you prefer to use top-down?
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Your Company just secured an $6 million contract with a major public- sector client that is expected to generate thousands of jobs over the next 10 years.
What are the differences between bottom-up and top-down estimating approaches? Under what conditions would you prefer bottom-up?
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