Problem
Imagine that you are an engineer at a company that develops Customer Relationship Management (CRM) software. You have been asked to provide a cost estimate for a new development project. After evaluating the project, you recommend using data from previous projects to generate a parametric cost model. One of your stakeholders is skeptical of this data-driven approach. Address their concerns:
A) "We have a lot of different data about our previous projects. It can't all be important. How do you decide what data matter?"
B) "Your model asks for specific inputs, such as how many customers the system will have to support. I can't accurately estimate that."
C) "You're an expert on developing CRM software. Why can't you just give a reasonable number based on your judgement?"
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.