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All of the following are true regarding parametric modeling except:
A. It's a form of top-down estimating.
B. It's a mathematical model.
C. It's a tool used to estimate project costs.
D. It's a tool used to estimate project time.


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Which of the following is true regarding product descriptions? A. The product description is an output of the Initiation process. It describes the characteristics of the product or service. B. The product description is an output of the Initiation process. It describes the characteristics of the product or service and less detail in the early phases of the project. C. The product description is an input of the Initiation process. It describes the characteristics of the product or service and contains a lot of detail in the early phases of the project. D. The product description is an input of the Initiation process. It describes the characteristics of the product or service.

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