1) During Analogy estimate formation, it is important to critically assess the outputs from the
cost models, drawing conclusions about reasonableness and validity.
10164065 2
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.
10164049 1
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.
10164063 2
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.
10164056 2
True
False
5) Estimates are time-phased by spreading costs among the years that they are expected to
occur, based on program schedules.
10164059 2
True
False
6) The Analogy estimating technique is a five step process that begins with planning the
This study source was downloaded by 100000790716548 from CourseHero.com on 08-18-2022 15:52:10 GMT -05:00
10164069 1
https://www.coursehero.com/file/32513465/MOD-6-7-EXAMdocx/
cost models, drawing conclusions about reasonableness and validity.
10164065 2
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.
10164049 1
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.
10164063 2
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.
10164056 2
True
False
5) Estimates are time-phased by spreading costs among the years that they are expected to
occur, based on program schedules.
10164059 2
True
False
6) The Analogy estimating technique is a five step process that begins with planning the
This study source was downloaded by 100000790716548 from CourseHero.com on 08-18-2022 15:52:10 GMT -05:00
10164069 1
https://www.coursehero.com/file/32513465/MOD-6-7-EXAMdocx/