GAQM PPM-001 Exam - Topic 3 Question 124 Discussion

Actual exam question for GAQM's PPM-001 exam

Question #: 124
Topic #: 3

Your project sponsor has requested a cost estimate for the project on which you're working. This project is similar in scope to a project you worked on last year. She would like to get the cost estimates as soon as possible. Accuracy is not her primary concern right now. She needs a ballpark figure by tomorrow. You decide to use ___________________.

Aparametric modeling techniques

Banalogous estimating techniques

Cbottom-up estimating techniques

Dcomputerized modeling techniques

Show Suggested Answer

Suggested Answer: B

Analogous-or top-down-estimating techniques are a form of expert judgment. Since this project is similar to another recent project, you can use the cost estimates from the previous project to help you quickly determine estimates for the current project.

by Mari at Apr 10, 2026, 11:29 AM

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Myrtie

3 days ago

I think I remember that for quick estimates, analogous estimating techniques might be the way to go since it's based on similar past projects.

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