Chapter05testbank Study guides, Class notes & Summaries
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OM 493 Chapter_05_Test_Bank A Graded
- Exam (elaborations) • 111 pages • 2023
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MC Qu. 02 (Static) In practice, estimating processes are frequently... 
In practice, estimating processes are frequently classified as 
top down/bottom up. 
rough/polished. 
precise/order of magnitude. 
draft/final. 
broad/specific. 
Estimating processes are frequently classified as top-down and bottom-up. Top-down estimates are 
usually done by senior management. Bottom-up estimates are typically done by the people doing 
the work. 
References 
Multiple Choice Difficulty: 1 Easy 
MC Qu. 02 
(St...
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