PK0-005 Project Life Cycle Practice Question
A project manager is estimating costs for a new project using a top-down approach based on historical data from a similar project. Which estimation technique is being used?
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Analogous estimation
Analogous estimation uses historical data from similar projects as a basis.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
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Three-point estimation
Why it's wrong here
Three-point uses optimistic, pessimistic, most likely.
- ✓
Analogous estimation
Why this is correct
Analogous uses historical data from similar projects.
- ✗
Bottom-up estimation
Why it's wrong here
Bottom-up estimates from individual work packages.
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Parametric estimation
Why it's wrong here
Parametric uses statistical relationship between variables.
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This PK0-005 practice question is part of Courseiva's free CompTIA certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the PK0-005 exam.