Resource Estimation

Correct Answer: Expert Judgment

Expert Judgment is the most suitable estimation technique in this scenario. This is because the product is unique and with limited comparable projects, implying that there's not enough past data to aid in Parametric Estimation or Analogous Estimation. Expert Judgment relies on the expertise of seasoned professionals who can predict required resources based on their experience and knowledge. Three-point Estimation might not be as accurate either, as it involves estimating an optimistic, pessimistic, and most likely scenario, which could be challenging when dealing with a unique product with limited comparables.

Correct Answer: Bottom-up Estimation

The correct answer is Bottom-up Estimation. In this method of estimation, the project is broken down into smaller components. These smaller parts are then individually estimated and later, those estimates are combined to create an estimate for the overall project. This is exactly what is described in the question. The other answers are not correct because: Three-point Estimation involves estimating an optimistic, pessimistic, and most likely cost, something not mentioned in the question; Analogous Estimation uses the values of parameters from previous projects for estimation of the same parameter for a new project, which would not involve breaking down the project into smaller parts; Parametric Estimation uses statistical relationships between historical data and other variables to calculate an estimate, which is not described in the question.

Correct Answer: Bottom-Up Estimation

In a Bottom-Up Estimation, every single detail of the project is estimated. In the given scenario, the team reviews the blueprints thoroughly and estimates the resources floor by floor which is typical of bottom-up estimation. Analogous Estimation is incorrect because in this estimation, the cost of the new project is estimated based on the cost of similar projects in the past. Parametric Estimation uses statistical modeling to calculate cost and this doesn't align with the scenario presented. Similarly, the Three-point Estimation is incorrect because it calculates the estimation by considering the most optimistic, most pessimistic, and most likely scenarios, which is not what was described in the question.