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What cost estimating technique would the Air Force most likely use to prepare their budget estimate for the upgrade?
Wiki User
∙ 11y ago
analogy
Wiki User
∙ 11y ago
The Air Force would most likely use the parametric estimating technique to prepare their budget estimate for the upgrade. This technique involves using historical data and statistical analysis to relate project characteristics (such as size, complexity, and technology) to cost estimates. By analyzing similar past projects, the Air Force can develop a parametric model to estimate the cost of the upgrade based on specific project parameters.
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