GAQM Exam APM-001 Topic 4 Question 62 Discussion

Actual exam question for GAQM's APM-001 exam

Question #: 62
Topic #: 4

[All APM-001 Questions]

Which type of estimating can produce higher levels of accuracy, depending upon the

sophistication and underlying data built into the model?

ABottom-up

BThree-point

CParametric

DAnalogous

Show Suggested Answer

Suggested Answer: D

by Abraham at Sep 17, 2024, 06:53 AM

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Julio

2 months ago

Parametric estimating is like a crystal ball for project budgets - it sees into the future and predicts the costs with eerie accuracy.

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Marguerita

28 days ago

I think parametric estimating is the way to go for higher accuracy in project budgets.

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Samira

29 days ago

I agree, it's like having a crystal ball to predict costs accurately.

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Johnathon

1 months ago

I think I'll start using parametric estimating for my future projects.

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Trinidad

1 months ago

I agree, it can provide a higher level of accuracy depending on the data and model sophistication.

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Dominque

2 months ago

Parametric estimating is definitely a game-changer for project budgets.

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Sherly

2 months ago

Parametric estimating is definitely a game-changer for project budgets.

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Penney

3 months ago

Parametric estimating? More like 'parametric amazing-ating'! This method really takes the guesswork out of the equation.

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Golda

2 months ago

It's true, parametric estimating is a game-changer when it comes to accuracy in project estimation.

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Craig

2 months ago

I agree! Parametric estimating can really improve accuracy by relying on historical data and statistical models.

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Carolynn

2 months ago

Parametric estimating is definitely amazing-ating! It's all about using data to make accurate estimates.

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Quinn

3 months ago

Parametric estimating is like a superhero of project management - the more data and sophistication, the better the results!

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Jeffrey

3 months ago

Three-point estimating is great, but I think parametric estimating is the way to go for higher levels of precision.

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Tammy

2 months ago

Analogous estimating is quick and easy, but may not be as accurate as parametric estimating.

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Onita

2 months ago

Bottom-up estimating can also be accurate if you have detailed information on each component.

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Tayna

2 months ago

I agree, parametric estimating takes into account more factors for better accuracy.

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Rima

3 months ago

Parametric estimating is definitely more accurate than three-point estimating.

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Loise

3 months ago

Parametric estimating all the way! The underlying data and sophisticated models really make a difference in accuracy.

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Lonna

3 months ago

I prefer bottom-up estimating as it allows for more detailed analysis.

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Adolph

3 months ago

I agree with Sylvie, parametric estimating relies on historical data for accuracy.

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Sylvie

3 months ago

I think parametric estimating can produce higher levels of accuracy.

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