CAPM Predictive Plan-Based Methodologies Practice Question
During the planning phase of a predictive project, the project manager is estimating costs. Which cost estimation technique uses historical data from similar projects?
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 estimating
Analogous estimating uses historical data from similar projects as a basis for cost estimation. It is less accurate but quick. Bottom-up is detailed, three-point uses ranges, and parametric uses statistical relationships.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Bottom-up estimating
Why it's wrong here
Bottom-up estimating involves detailed estimation of individual work packages.
- ✓
Analogous estimating
Why this is correct
Analogous estimating relies on historical data from similar projects.
- ✗
Three-point estimating
Why it's wrong here
Three-point estimating uses optimistic, pessimistic, and most likely estimates.
- ✗
Parametric estimating
Why it's wrong here
Parametric estimating uses a statistical relationship between historical data and other variables.
Go deeper
Related to this question
About these practice questions
One of 487 original CAPM practice questions on Courseiva, each with a full explanation and wrong-answer analysis — not exam dumps or protected exam content. Learn why practice questions differ from exam dumps →
JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
This CAPM practice question is part of Courseiva's free PMI 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 CAPM exam.