Question

Which of the following is NOT a guideline for better cost estimation? A. Have clear guidelines...

Which of the following is NOT a guideline for better cost estimation?

A. Have clear guidelines for creating estimates.

B. Use experienced developers.

C.Update estimates at the end of the project.

D. Use historical data.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

1. B. Use experienced developers

While the use of historical data can be relevant, updating the documents and data at the end of the project and having clear guidelines for estimates can all be in the guidelines. However, using experienced developers would not add as much value to the process and therefore, would not be in the guidelines.

Add a comment
Know the answer?
Add Answer to:
Which of the following is NOT a guideline for better cost estimation? A. Have clear guidelines...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Sample Questions (Midterm Exam) Chapter 5 Initiating and Planning Systems Development Projects 1) Who is typically...

    Sample Questions (Midterm Exam) Chapter 5 Initiating and Planning Systems Development Projects 1) Who is typically responsible for performing the PIP process? A) Managers B) Users C) Systems analyst D) The basiness unit 2) What is an example of a project assumption? A) Size B) Potential problems C) Soope D) Complexity Answer: B Difficulty: Difficult AACSB: Information Technology LO: 5.1 Deseribe the steps involved in the project initiation and planning process Classification: Concept 3) What is the tem that describes...

  • Which of the following is not a guideline for constructing a frequency distribution? a. Whenever possible,...

    Which of the following is not a guideline for constructing a frequency distribution? a. Whenever possible, class widths should be round numbers. b. Whenever possible, the classes should have equal width c. If possible, open-end classes should be avoided. O d. The set of classes must be mutually exclusive and exhaustive. e. All of these are guidelines for constructing a frequency distribution

  • Which of the following statements about cost-of-equity estimation is most correct? A) The CAPM approach is...

    Which of the following statements about cost-of-equity estimation is most correct? A) The CAPM approach is always superior to the DCF approach. B) The risk premium used in the debt-cost-plus-risk-premium approach is the same as the risk premium used in the CAPM approach. C) Because the CAPM and DCF approaches use market data, they provide precise cost-of-equity estimates. D) The debt-cost-plus-risk-premium approach can be used when the business does not have publicly traded equity. E) All approaches always produce estimates...

  • We of 10 Which of the following is an internal control guideline for better management of...

    We of 10 Which of the following is an internal control guideline for better management of cash receipts? a. Endorse checks immediately upon receipt with the stamp "For Receipt Only". b. A bookkeeper should be designated to open all the mail in a company. c. Maintain separation of duties between cash handling and cash recording. d. Post cash receipts to the Accounts Payable account as soon as possible.

  • 26. Which of the following is NOT a general guideline for displaying tables and lists? Select...

    26. Which of the following is NOT a general guideline for displaying tables and lists? Select one: a. Labels should be separated from other information by using highlighting. b. Columns should have at least two spaces between them. c. Right-justify textual data, and use a short line length. d. Similar information displayed in multiple columns should be sorted vertically. e. Avoid overly fancy fonts.

  • C. total cost is increasing. d. per unit cost is increasing. Question 4 Cost estimation is...

    C. total cost is increasing. d. per unit cost is increasing. Question 4 Cost estimation is most accurate when Not yet answered Select one: Points out of a. when the data used is limited to externally 1.00 audited accounting statements and reports. P Flag b. it uses data generated internally, and avoids question data sources outside the firm. C. all of the available data sources are utilized, without giving exclusive preference to one particular source. d. it utilizes data that...

  • 13. Which of the following guidelines should be followed when writing an effective message carrying good...

    13. Which of the following guidelines should be followed when writing an effective message carrying good news? A. The message should be written using the indirect order of organizing information. B. All the details of the message should be covered in the first paragraph. C. The objective of the message should be made clear within the first paragraph. D. The objective or key point of the message should be presented at the end of the message. E. The message should...

  • Which of the following is NOT required by the NYSE governance guideline A. Audit committees must...

    Which of the following is NOT required by the NYSE governance guideline A. Audit committees must have a minimum of 3 independent directors B. Companies must outsource the internal audit function to an external independent party C. The CEO must certify the firm's compliance with corporate governance standards D. The board of directors consists of independent directors

  • Question 1 of 50 You are managing a project to purchase state-of-the-art technology. You have just...

    Question 1 of 50 You are managing a project to purchase state-of-the-art technology. You have just completed your market research and solicited proposals from prospective sellers. All of the following are part of the procurement documents except for which one? O Procurement statement of work O Negotiation points O Terms and conditions O Description of the desired form responses Question 2 of 50 A PM is creating a top-down estimate of costs for her project. In particular, one historical record...

  • Which of the following is NOT a message that is included in the 2015 Dietary Guidelines...

    Which of the following is NOT a message that is included in the 2015 Dietary Guidelines for Americans (DGAs)? The DGAs focus on promoting healthy eating patterns. Work, community, home and school environments significantly affect our ability to implement the DGAs. Foods high in saturated fat, added sugars, and/or sodium typically have a low nutrient density. Americans are encouraged to try to meet most of the DGA recommendations. All of the following are true about MyPlate EXCEPT: Half of your...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT