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BCF 130/ MODULES 6-7 EXAM. QUESTIONS AND ANSWERS.

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BCF 130/ MODULES 6-7 EXAM. QUESTIONS AND ANSWERS.

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1) During Analogy estimate formation, it is important to critically assess the outputs from the
cost models, drawing conclusions about reasonableness and validity.
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True

False

2) Which method is used to estimate a cost based on historical data from a similar system or
subsystem. Adjustments to historical costs can be made through the use of factors (sometimes
called scaling parameters) that represent differences in size, performance, technology, and/or
complexity.
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Extrapolation of Actuals Method

Parametric Method

Analogy Method

Engineering Method

3) A properly documented analogy estimate provides a good understanding of how the program
description affects the estimate produced.
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True

False

4) A cost driver, also known as an independent variable, is defined as a factor that causes a
change in the cost of an activity.
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True

False

5) Estimates are time-phased by spreading costs among the years that they are expected to
occur, based on program schedules.
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True

False

6) The Analogy estimating technique is a five step process that begins with planning the

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