CAPM • Practice Test 22
Free CAPM practice test — 15 questions with explanations. Set 22. No signup required.
A company is undertaking a new office building construction project using a predictive (waterfall) methodology. The project is in the planning phase. The project sponsor requires a cost estimate accurate within ±10% to secure funding. The project team has limited historical data because the company specializes in residential projects, and this is the first commercial high-rise they have attempted. The project manager has experience with parametric estimating but wonders if it is appropriate. Meanwhile, a senior team member suggests bottom-up estimating, but that would require detailed design, which is not yet complete. Another team member advocates three-point estimating to account for uncertainty. The project manager must choose the best estimation approach for the current phase given the constraints.
Choose an answer to begin — your selection is scored in the full session.
15 questions · instant feedback and full explanations after every question.