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  1. Home
  2. PMI Certification
  3. CAPM Exam
  4. PMI.CAPM.v2022-10-10.q958 Dumps
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Question 86

The chart below is an example of a:

Correct Answer: A
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Question 87

In the Define Activities process, the schedule management plan is used to:

Correct Answer: B
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Question 88

Which standard has interrelationships to other project management disciplines such as program management and portfolio management?

Correct Answer: D
Section: Volume D
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Question 89

Which process involves developing an approximation of the monetary resources needed to complete project activities?

Correct Answer: A
Section: Volume A
Explanation:
Process: 7.2 Estimate Costs
Definition: The process of developing an approximation of the monetary resources needed to complete project activities.
Key Benefit: The key benefit of this process is that it determines the amount of cost required to complete project work.
Inputs
1. Cost management plan
2. Human resource management plan
3. Scope baseline
4. Project schedule
5. Risk register
6. Enterprise environmental factors
7. Organizational process assets
Tools & Techniques
1. Expert judgment
2. Analogous estimating
3. Parametric estimating
4. Bottom-up estimating
5. Three-point estimating
6. Reserve analysis
7. Cost of quality
8. Project management software
9. Vendor bid analysis
10.Group decision-making techniques
Outputs
1. Activity cost estimates
2. Basis of estimates
3. Project documents updates
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Question 90

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

Correct Answer: D
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