PMI Exam PMI-100 Topic 1 Question 74 Discussion

Actual exam question for PMI's PMI-100 exam

Question #: 74
Topic #: 1

Which of the following is an estimating technique that uses the values of parameters from previous similar projects for estimating the same parameter or measure for a current project?

AReserve analysis

BThree-point estimating

CParametric estimating

DAnalogous estimating

Show Suggested Answer

Suggested Answer: D

by Mariann at Jun 03, 2024, 11:43 PM

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Janey

7 months ago

Ooh, parametric estimating, huh? Sounds like the kind of thing accountants would love. Me, I'm more of a 'back of the napkin' kind of estimator. But hey, whatever works, right?

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Shalon

6 months ago

Analogous estimating is quicker, but not as reliable.

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Karon

7 months ago

I prefer parametric estimating, it's more accurate.

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Sharmaine

7 months ago

Parametric estimating is the clear winner here. It's the most data-driven approach, and that's just the way I like it. No guesswork, just good old-fashioned number crunching!

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Caitlin

7 months ago

Three-point estimating is a bit too complex for my liking. I prefer the simplicity of analogous estimating. It's quick and gets the job done, even if it's not as accurate.

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Chun

7 months ago

Parametric estimating sounds like the way to go. I always rely on historical data to make my estimates - it's the most reliable approach in my experience.

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Youlanda

6 months ago

Reserve analysis is also a useful technique for estimating, especially when dealing with uncertainties in the project.

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Eleonore

7 months ago

I prefer using analogous estimating, it helps me quickly come up with estimates based on similar projects.

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Oretha

7 months ago

I agree, parametric estimating is a great way to make accurate estimates based on past projects.

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Herminia

7 months ago

I think reserve analysis is also important to consider when making estimates, it helps account for uncertainties and risks.

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Madelyn

7 months ago

I prefer using analogous estimating, it helps me quickly come up with estimates based on similar projects.

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Tran

7 months ago

I agree, parametric estimating is a great way to make accurate estimates based on past projects.

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Reena

8 months ago

I agree with Barney, parametric estimating uses historical data to estimate current project parameters.

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Barney

8 months ago

I think the answer is C) Parametric estimating.

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