“Based on the project expertise and effort required to develop bottom-up estimates, they are normally developed during which phase of a project?PlanningExecutionClosingDefiningIncorrect. The project closing phase is when the project outcomes are delivered to the customer and the customer evaluates them to determine if they are acceptable.”

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Aestimating method starts at the bottom level of the WBS and aggregate cost estimates up to the total project and they require that people with expertise in doing the work estimate the resources needed to complete each work activity.Incorrect. Parametric estimating methods are top-down estimating methods that are based on the relationship between the current project and historical data.

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