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GAQM PPM-001 Exam - Topic 4 Question 16 Discussion

Actual exam question for GAQM's PPM-001 exam
Question #: 16
Topic #: 4
[All PPM-001 Questions]

Which estimating technique uses the actual costs of previous similar projects as a basis for estimating the costs of the current project?

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Suggested Answer: A

by Janey at May 04, 2022, 12:34 AM

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Vanna
4 months ago
Really? I always thought Top-down was more common.
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Gussie
4 months ago
Wait, are you sure it's not Bottom-up?
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Allene
4 months ago
Analogous is the way to go for similar projects!
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Mariann
4 months ago
I thought it was Parametric, but I guess not.
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Tamie
5 months ago
It's definitely the Analogous technique!
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Ettie
5 months ago
I practiced a question similar to this, and I think it was about using historical data. So, I’m leaning towards A as well.
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Essie
5 months ago
I'm not entirely sure, but I feel like it could also be B, Parametric estimating. I recall it uses statistical relationships, but that might not be the same.
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Erick
5 months ago
I think the answer might be A, Analogous estimating. I remember it involves looking at past projects for cost comparisons.
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Beckie
5 months ago
I’m confused because I remember Bottom-up estimating involves detailed analysis, but I can't recall if that’s relevant here.
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Carli
5 months ago
This seems like a straightforward question about equal employment terminology. I'll focus on carefully reading the options and selecting the one that best matches the definition of a "charge" in this context.
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Rickie
5 months ago
Sorting by priority descending is definitely the way to go. That will ensure the most important work items are processed first.
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