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Practice PMI PMP®PMP Process Domain Practice ExamQuestion 19

Hard1 markMultiple Choice

Task 5: Plan and manage budget and resourcesTask 5EstimationMatching Conversion

PMP · Question 19 · Task 5: Plan and manage budget and resources

A project manager needs to estimate the cost of a new data center. They have detailed costs for every server, cable, and hour of labor required. Which estimation technique is being used?

Answer options:

A.

Analogous Estimating

B.

Parametric Estimating

C.

Bottom-up Estimating

D.

Three-point Estimating

How to approach this question

Match 'detailed costs for every item' to the technique that builds up from the bottom.

Full Answer

C.Bottom-up Estimating✓ Correct

Bottom-up estimating is the most accurate but time-consuming method, involving estimating every component and rolling them up.

Common mistakes

Confusing Parametric (formula-based) with Bottom-up (detail-based).

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