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TOPIC: Free PMP® Exam Sample Question of the Week

Free PMP® Exam Sample Question of the Week 3 years 1 week ago #11350

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

You are the project manager at a dress manufacturing company. You have been asked to estimate the duration of a project that requires you to produce 500 shirts. Based on a previous similar project, you assume that since the time required by a person to produce a shirt was 8 hours, total effort required for this project would be 4000 hours. Which estimation technique are you using here?

A. Analogous
B. Bottom up
C. Three point
D. Parametric

HINT: This technique involves statistical relationships with historical data from similar projects.

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 PM 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 D.

Parametric estimating uses statistical relationship between historical data on similar projects and other variables to calculate a cost estimate for a schedule activity resource.
Last edit: by Mary Kathrine Padua.
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