A. Algorithmic cost modelling
B. Expert judgement
C. Estimation by analogy
D. Parkinson’s Law
✅ The correct answer is option A.
Explanation: The model uses a basic regression formula with parameters that are derived from historical project data and current as well as future project characteristics.
Explanation: The model uses a basic regression formula with parameters that are derived from historical project data and current as well as future project characteristics.