This question has been answered by sgupta20 on Feb 17, 2013. View Solution
xinxin12345 posted a question Feb 17, 2013 at 10:50am
1. What methods of cost estimation rely primarily on historical data? Discuss the problems an unwary user may encounter with the use of historical cost data.
2. What steps would you take to deal with a supervisor who asks you to falsify the results of your cost estimation?

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answered the question Feb 17, 2013 at 7:28pm
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Cost Estimation Method
There are basically three methods that help in estimating the cost on the basis of
historical data. First is global technique. In this technique, the cost is estimated by...