In which approach to costs estimation, is task analysis used?

A) Account classification
B) Engineering method
C) High-low method
D) Managerial judgement

Question

In which approach to costs estimation, is task analysis used?A)  Account classificationB)  Engineering methodC)  High-low methodD)  Managerial judgement

Brandon Hagerty · Accepted Answer

Final Answer : B, Explanation :  Task analysis is a technique used in the engineering method of cost estimation. It involves breaking down the project or task into smaller, more manageable components in order to determine the resources and costs required for each individual task. This method is useful for estimating the costs of complex projects or tasks where a high level of detailed analysis is required.

In which approach to costs estimation, is task analysis used?

A) Account classification
B) Engineering method
C) High-low method
D) Managerial judgement

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