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PMI CAPM (CAPM) Practice Tests & Test Prep by Exam Edge - Free Test


Our free PMI Certified Associate in Project Management (CAPM) Practice Test was created by experienced educators who designed them to align with the official Project Management Institute content guidelines. They were built to accurately mirror the real exam's structure, coverage of topics, difficulty, and types of questions.

Upon completing your free practice test, it will be instantly reviewed to give you an idea of your score and potential performance on the actual test. Carefully study your feedback to each question to assess whether your responses were correct or incorrect. This is an effective way to highlight your strengths and weaknesses across different content areas, guiding you on where to concentrate your study efforts for improvement on future tests. Our detailed explanations will provide the information you need to enhance your understanding of the exam content and help you build your knowledge base leading you to better test results.

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PMI Certified Associate in Project Management - Free Test Sample Questions

Which of the following is a method of estimating a component of work?   

Correct Answer:
bottom-up estimating


among the methods of estimating a component of work, bottom-up estimating is a widely recognized technique. this method involves a meticulous approach where each component or activity within a project is estimated with the highest level of detail possible. each task or work package is scrutinized to forecast the resources and costs needed accurately.

once individual estimates are prepared, they are aggregated or "rolled up" to form a total project estimate. this aggregation helps in creating a comprehensive view of the overall project budget and facilitates efficient resource allocation and project management. the advantage of bottom-up estimating lies in its precision and reliability, as it builds the project budget based on detailed analysis of its smallest components.

the accuracy and effectiveness of bottom-up estimating, however, can be influenced by several factors. primarily, the size and complexity of each activity or work package can significantly impact the precision of the estimates. larger or more complex tasks may require more detailed analysis and could be subject to greater variability in estimation accuracy. thus, project managers and estimators need to exercise careful judgment and possibly integrate other estimating methods to balance detail with efficiency.

in conclusion, bottom-up estimating is a crucial method in project management, particularly useful when detailed, accurate budgeting is required. by understanding the intricacies and potential challenges associated with this method, project managers can better harness its benefits to enhance project planning and execution.