Mock Question Clarification on :Reserve Analysis

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balaji1987
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Mock Question Clarification on :Reserve Analysis

Postby balaji1987 Mon Nov 27, 2017 5:56 am

You are a project manager and in the process to determine the budget of your project. Which technique involves the use of project characteristics to develop mathematical models to predict total project costs?
Options:
A: Cost Aggregation
B: Reserve Analysis
C: Historical Relationships
D: Funding Limit Reconciliation

Anwer: Right answer as per the test was C. please clarify. I answerd as A, Cost Aggregation was mentioned during budgeting cost
manishpn
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Re: Mock Question Clarification on :Reserve Analysis

Postby manishpn Mon Nov 27, 2017 9:12 pm

refer to 7.3.2.4 in PMBOK
cost aggregation is summing up of WBS costs , not predictive model
Br,
Manish P
PMP, PMI - ACP, SAFe Agilist
http://www.izenbridge.com/blog/7-effect ... ification/

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