223k views
4 votes
Estimates based on the assumption that historical data can be used as a frame of reference for current estimates are: Ballpark estimates. Feasibility estimates. Comparative estimates. Definitive estimates.

User Shila
by
3.1k points

1 Answer

1 vote

Answer:

The correct answer is letter "C": Comparative estimates.

Step-by-step explanation:

In project management, comparative estimates are forecasts carried out comparing previous project's information. The purpose of conducting such an analysis is to have an idea of what is the amount of money necessary to conduct a new project. The estimation is what its name describes, just an estimate but help managers to allocate the resources they have and request those who may be necessary for the operations of the new plan.

User Cdauth
by
3.4k points