Free Access to PMI.CAPM.v2022-04-08.q645 with Valid Practice Test (Page 36)

Request Exam Contact

Home
View All Exams
New QA's
Upload

PRACTICE EXAMS:

Oracle
Fortinet
Juniper
Microsoft
Cisco
Citrix
CompTIA
VMware
ISC
SAP
EMC
PMI
HP
Salesforce
Other

Oracle
Fortinet
Juniper
Microsoft
Cisco
Citrix
CompTIA
VMware
ISC
SAP
EMC
PMI
HP
Salesforce

Home
PMI Certification
CAPM Exam
PMI.CAPM.v2022-04-08.q645 Dumps

««
«
…
31
32
33
34
35
36
37
38
39
40
…
»
»»

Question 171

Cost baseline is an output of which of the following processes?

A.Control Costs
B.Determine Budget
C.Estimate Costs
D.Estimate Activity Resources

Correct Answer: B

Section: Volume C
Explanation
Explanation:
7.3.3.1 Cost Baseline
The cost baseline is the approved version of the time-phased project budget, excluding any management reserves, which can only be changed through formal change control procedures and is used as a basis for comparison to actual results. It is developed as a summation of the approved budgets for the different schedule activities.
Process: 7.3 Determine Budget
Definition: The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline.
Key Benefit: The key benefit of this process is that it determines the cost baseline against which project performance can be monitored and controlled.
Inputs
1. Cost management plan
2. Scope baseline
3. Activity cost estimates
4. Basis of estimates
5. Project schedule
6. Resource calendars
7. Risk register
8. Agreements
9. Organizational process assets
Tools & Techniques
1. Cost aggregation
2. Reserve analysis
3. Expert judgment
4. Historical relationships
5. Funding limit reconciliation
Outputs
1. Cost baseline
2. Project funding requirements
3. Project documents updates

Comment: *

Name: *

Email: *

Verification: *

insert code

Question 172

Which of the following is a tool and technique for Estimate Activity Durations?

A.Parametric estimating
B.Monte Carlo analysis
C.Alternatives analysis
D.Bottom-up estimating

Correct Answer: A

Section: Volume C
Explanation:
7.2.2.3 Parametric Estimating
Parametric estimating uses a statistical relationship between relevant historical data and other variables (e.g., square footage in construction) to calculate a cost estimate for project work. This technique can produce higher levels of accuracy depending upon the sophistication and underlying data built into the model. Parametric cost estimates can be applied to a total project or to segments of a project, in conjunction with other estimating methods.
Process: 6.5 Estimate Activity Durations
Definition: The process of estimating the number of work periods needed to complete individual activities with estimated resources.
Key Benefit: The key benefit of this process is that it provides the amount of time each activity will take to complete, which is a major input into the Develop Schedule process.
Inputs
1. Schedule management plan
2. Activity list
3. Activity attributes
4. Activity resource requirements
5. Resource calendars
6. Project scope statement
7. Risk register
8. Resource breakdown structure
9. Enterprise environmental factors
10.Organizational process assets
Tools & Techniques
1. Expert judgment
2. Analogous estimating
3. Parametric estimating
4. Three-point estimating
5. Group decision-making techniques
6. Reserve analysis
Outputs
1. Activity duration estimates
2. Project documents updates

Comment: *

Name: *

Email: *

Verification: *

insert code

Question 173

Which cost estimate technique includes contingencies to account for cost uncertainty?

A.Parametric estimating
B.Reserve analysis
C.Vendor bid analysis
D.Three-point estimates

Correct Answer: B

Comment: *

Name: *

Email: *

Verification: *

insert code

Question 174

An output of Control Schedule is:

A.A project schedule network diagram
B.Schedule forecasts
C.A schedule management plan
D.Schedule data

Correct Answer: B

Comment: *

Name: *

Email: *

Verification: *

insert code

Question 175

What is the estimate at completion (EAC) if the budget at completion (BAC) is $100, the actual cost (AC) is
$50, and the earned value (EV) is $25?

A.$50
B.$100
C.$125
D.$175

Correct Answer: C

Explanation/Reference:
Explanation:
Estimate to completion calculates how much more of the budget is needed to complete the project if everything continues at the current level of performance.
EAC 'atypical' = AC + BAC - EV
EAC 'typical' = AC + ((BAC - EV) / CPI)

Comment: *

Name: *

Email: *

Verification: *

insert code

««
«
…
31
32
33
34
35
36
37
38
39
40
…
»
»»

[×]

Download PDF File

Enter your email address to download PMI.CAPM.v2022-04-08.q645 Dumps

Email:

Our website provides the Largest and the most Latest vendors Certification Exam materials around the world.

Using dumps we provide to Pass the Exam, we has the Valid Dumps with passing guranteed just which you need.

DMCA
About
Contact Us
Privacy Policy
Terms & Conditions

©2026 FreeQAs

www.freeqas.com materials do not contain actual questions and answers from Cisco's certification exams.

Web Analytics Made Easy - Statcounter