Home » PMI » PMP v.2 » When you have a limited amount of information available about your project, especially when in the early phases, the best approach to use is______________
You can use various estimating approaches to determine activity durations. When you have a limited amount of information available about your project, especially when in the early phases, the best approach to use is______________
A. Bottom-up estimating
B. Analogous estimating
C. Reserve analysis
D. Parametric analysis
Correct Answer: B
Explanation/Reference:
Although limitations exist with all estimating approach, analogous estimating is often used when there is a limited amount of information for the project. It uses historical information and expert judgment.
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