PMI Exam PMI-100 Topic 3 Question 65 Discussion

Actual exam question for PMI's PMI-100 exam

Question #: 65
Topic #: 3

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 Gayla at Jan 24, 2024, 10:00 AM

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Zona

8 months ago

Haha, I was totally stuck between A and C at first. Reserve analysis? What is this, a geology exam? I'm with you all on D - analogous estimating is the way to go here. Who needs fancy statistical models when you've got good old-fashioned past project data, am I right?

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Chandra

8 months ago

You know, I was actually debating between B and D, but I think you both make a good case for D. Three-point estimating is more about accounting for uncertainty, while analogous estimating is all about leveraging historical information. Gotta go with D on this one.

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8 months ago

Hmm, this seems like a tricky one. I'm torn between C and D, but I'm leaning more towards D. Parametric estimating uses statistical models and historical data to estimate, while analogous estimating is all about using similar past projects as a reference point. Seems like the best fit here.

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