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Exam PMP topic 1 question 1046 discussion

Actual exam question from PMI's PMP
Question #: 1046
Topic #: 1
[All PMP Questions]

A project manager who takes over halfway through a project determines that the cost performance index (CPI) is 0.65. A detailed audit identifies that the project cost was analogously estimated, and the audit team thinks that something was missing in the way the estimates were done.

What should have been done to avoid this problem?

  • A. Utilized three-point estimates
  • B. Validated the schedule performance index (SPI) to evaluate deviation
  • C. Included lessons learned from past projects
  • D. Used bottom-up estimating
Show Suggested Answer Hide Answer
Suggested Answer: D 🗳️

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Chosen Answer:
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cb4a6c4
Highly Voted 9 months, 3 weeks ago
Selected Answer: D
Its question about cost, D seems to be the answer.
upvoted 6 times
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janojano
Most Recent 8 months, 2 weeks ago
Selected Answer: D
If details were missing, a more thorough estimate should have been used and that would be bottom-up, which examines the work at the most granular level of detail.
upvoted 2 times
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ced45c8
8 months, 2 weeks ago
Selected Answer: C
please stop using chatGPT, bottom-up is using when we have details cost, does it mentioned in the question? the question is audit team thinks that something is missing, analogous estimation uses historical data from a similar activity or project
upvoted 2 times
Kim222
3 weeks, 2 days ago
It is clear D :)
upvoted 1 times
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xcjxcj
8 months, 2 weeks ago
The audit found that analogous is not appropriate, this project is different from previous, thus D should be correct.
upvoted 2 times
Trytrio
7 months, 3 weeks ago
Exactly D is correct - please do not stop using ChatGPT ;)
upvoted 1 times
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Abdelmonm
8 months, 3 weeks ago
Selected Answer: D
Bottom-up estimating involves estimating the cost or duration of individual work items and then aggregating them to get an overall project estimate. This approach is more detailed and accurate compared to analogous estimating, especially when there might be missing details in the estimates. By breaking down the project into smaller components and estimating each one separately, a more accurate and reliable cost estimate can be obtained. This method is particularly useful when there is uncertainty or complexity in the project. Utilizing three-point estimates and including lessons learned from past projects can also contribute to better estimating accuracy.
upvoted 1 times
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Hanbyul
9 months, 3 weeks ago
Selected Answer: B
B. Validated the schedule performance index (SPI) to evaluate deviation
upvoted 1 times
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Community vote distribution
A (35%)
C (25%)
B (20%)
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