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Parametric Estimate Costs involves _____________.

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Parametric Estimate Costs involves _____________.

A.

Calculating individual cost estimates for each work package

B.

Using rates and factors based on historical experience to estimate costs

C.

Using the actual cost of a similar project to estimate total project costs

D.

Both A and B

PMI PMI-002 View All Questions

PMI PMI-002 Summary

  • Vendor: PMI
  • Product: PMI-002
  • Update on: Jul 25, 2025
  • Questions: 748
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TESTED 01 Aug 2025