fbpx
NEVER post copyrighted questions. Always state where questions come from. We take copyright violations very serious. Any copyrighted materials will be removed and the posters account will be deactivated.

TOPIC: Free PMP® Exam Sample Question of the Week

Free PMP® Exam Sample Question of the Week 7 years 2 months ago #9467

  • Mary Kathrine Padua
  • Mary Kathrine Padua's Avatar Topic Author
  • Offline
  • Administrator
  • Administrator
  • Posts: 349
  • Karma: 15
  • Thank you received: 122


Hello everyone! Here is this week's free PMP® exam sample question from the PM Exam Simulator.

Which of the following techniques uses a statistical relationship between historical data and other variables to calculate a cost estimate for a schedule acitivity resource?

A. Bottom Up Estimating
B. Analogous Estimating
C. Parametric Estimating
D. Activity Cost Estimating

HINT: Examples of other variables are square footage, cost per unit etc.

All our questions are updated to the latest A Guide to the Project Management Body of Knowledge (PMBOK® Guide) standard. Stop by at www.pm-prepcast.com/freesimulator and try the PMP® Exam Simulator free for 3 days. We also offer 110 free questions at www.free-pm-exam-questions.com . We are a Project Management Institute (PMI)® Registered Education Provider.

Answer and Explanation:
The correct answer is C.

Parametric estimating uses the statistical relationship between historical data and other variables to calculate a cost estimate for a schedule activity resource.
Last edit: by Mary Kathrine Padua.
Moderators: Yolanda MabutasMary Kathrine PaduaJohn Paul BugarinJean KwandaElena ZelenevskaiaChristian ElmerChristine Whitney, PMP

OSP INTERNATIONAL LLC
OSP INTERNATIONAL LLC
Training for Project Management Professional (PMP)®, PMI Agile Certified Practitioner (PMI-ACP)®, and Certified Associate in Project Management (CAPM)®

Login