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What conditions must be met in order for an analogous estimate to be useful?
comparison project is similar
all of the above
comparison occurs within a relatively recent time frame
if the person developing the estimate comprehends the nature of the work enough to modify the estimate based on the current project's variables
Analogous estimates are only useful when the current project is similar to a previous comparable project, if the estimate occurs within a relatively recent time frame, and the person developing the estimate is knowledgeable.
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