PMP Exam Set C – Q87

Analogous Estimating is an estimation technique that use the values of parameters such as scope, cost, budget and duration from a previous similar activity as the basis of activity and is frequently used to estimate when there is a limited amount of information about the project. This is a form of:

A. Gross value estimation
B. Function point estimation
C. Fixed point estimation
D. Precision Estimation

A. Gross value estimation