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Exam CAPM topic 1 question 322 discussion

Actual exam question from PMI's CAPM
Question #: 322
Topic #: 1
[All CAPM Questions]

Based on a previous project that has been completed, a project manager decides the best way to estimate costs is through historical data. What kind of estimating is this?

  • A. Bottom-up
  • B. Three-point
  • C. Parametric
  • D. Analogous
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Suggested Answer: D 🗳️
by GoldenRetriever at June 18, 2024, 2:59 a.m.

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Andrew_1980
16 hours, 6 minutes ago
Selected Answer: C
Nothing is said about the similarity of the project completed. So 'Analogous' can't be chosen.
upvoted 1 times
...
GoldenRetriever
2 weeks, 6 days ago
Selected Answer: C
Answer C is based on Historical data
upvoted 1 times
...

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