Welcome to ExamTopics
ExamTopics Logo
- Expert Verified, Online, Free.
exam questions

Exam PMP All Questions

View all questions & answers for the PMP exam

Exam PMP topic 1 question 171 discussion

Actual exam question from PMI's PMP
Question #: 171
Topic #: 1
[All PMP Questions]

A project manager is working on a construction project. The company owner asks the project manager to provide cost estimates for the new decoration project within 4 hours.
How will the project manager be able to complete this task?

  • A. Call a meeting with the project team to identify the most appropriate approach
  • B. Tell the owner that a rough order of magnitude will be provided
  • C. Contact a subject matter expert (SME) for advice and consultation
  • D. Tell the owner that the task requires more time and expertise
Show Suggested Answer Hide Answer
Suggested Answer: B 🗳️

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
MIMINEDZ
Highly Voted 1 year, 8 months ago
Selected Answer: B
A team can be relocated and occupied, how to gather it within 4 hours? the expected answer is based on the knowledge of an order of magnitude at the beginning of a new project -25 / +75%, answer B
upvoted 12 times
...
JoTib
Highly Voted 1 year, 8 months ago
Answer B is the most appropriate in this situation. The project manager should inform the owner that a rough order of magnitude will be provided. This approach will give the owner an initial idea of the costs involved, but it will not be a detailed estimate. The project manager can then work with the project team and subject matter experts to refine the estimate and provide a more accurate cost estimate. Calling a meeting, contacting a subject matter expert, or telling the owner that the task requires more time and expertise will not help the project manager to complete the task within the given timeframe.
upvoted 8 times
Sumit182
1 year, 8 months ago
But as a thumb rule , shouldn't any estimates involve the team collaboration or team consultation as they are the ones who execute the work. ?
upvoted 3 times
...
...
23169fd
Most Recent 2 months, 1 week ago
Selected Answer: B
It's an early-stage cost estimate used in project management to provide a quick approximation of the project's cost and effort when limited information is availabl
upvoted 1 times
...
jiljap
7 months ago
Selected Answer: A
A Rough Order of Magnitude is the initial estimate that is often done before a project is started. The PMBOK suggests that the ROM estimate should have an accuracy of - 25 percent to + 75 percent, here "A project manager is working on..." B is to steere you away
upvoted 2 times
...
djgdgaf
9 months ago
Selected Answer: B
Company owner is trippin' with that 4hr BS but he is signing your paychecks. A ROM is an effective approach assuming you might not have enough time scheduling a meeting with the team or SME.
upvoted 1 times
...
mesacgon
1 year ago
B. Orden de magnitud ROM
upvoted 1 times
...
princeviper
1 year ago
B: "a rough order of magnitude" is a technique to be used during facing uncertainty.
upvoted 1 times
...
SerMak
1 year, 1 month ago
Selected Answer: A
I thought B is the right one at first but A is better with a closer look
upvoted 1 times
...
Lucky_Cindy
1 year, 1 month ago
Selected Answer: A
A is better fit
upvoted 1 times
...
Richolo
1 year, 1 month ago
Selected Answer: A
I initially thought B, but a Rough Order of Magnitude (ROM) is usually done during the initiation phase of the project. Given that this is a NEW decoration project, there might be no ROM to reference and meeting the team to gather information (A) will be the best approach.
upvoted 3 times
...
Tuanit
1 year, 1 month ago
Selected Answer: A
I agree with A
upvoted 1 times
...
adingmaki
1 year, 1 month ago
A Rough Order of Magnitude is the initial estimate that is often done before a project is started.
upvoted 1 times
...
SamT
1 year, 2 months ago
Answer A sounds a right action “ Call a meeting with the project team to identify the most appropriate approach” because only after this some outcome will be there. With B, it’s a message only but not the cost outcome
upvoted 1 times
...
Njabz_10
1 year, 3 months ago
As much as B seems like the correct answer but lets go back to the PMP mindset specifically these points: Aim for answers that have inclusiveness and collaboration, or an action by the Project Manager. • Don’t rush into action in your answers – first: 1. Assess and analyse the situation (i.e. review the plan or brainstorm with your team) to understand the Root Cause of the issue. 2. Review your plan 3. Meet with stakeholders to work out a solution 4. Take Action
upvoted 2 times
...
Asakthi
1 year, 3 months ago
B. Tell the owner that a rough order of magnitude will be provided
upvoted 1 times
...
Muntadher
1 year, 4 months ago
I belive B is right anwser !
upvoted 1 times
...
NguyenNam08
1 year, 4 months ago
Tell the owner that a rough order of magnitude will be provided
upvoted 1 times
...
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel
Loading ...