GAQM Exam PPM-001 Topic 3 Question 100 Discussion

Actual exam question for GAQM's PPM-001 exam

Question #: 100
Topic #: 3

[All PPM-001 Questions]

What is a specific advantage of analogous estimating in comparison with other cost estimate techniques?

AUses contingency reserves

BLess costly and time consuming

CCan be applied to segments of work

DMore accurate

Show Suggested Answer

Suggested Answer: C

by Diego at Sep 19, 2024, 11:27 AM

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8 days ago

I'm thinking C is the best choice. Analogy is a powerful tool, and being able to apply it to specific segments is a big plus.

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9 days ago

Option B seems like the way to go. I don't want to spend too much time or money on this exam, you know?

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13 days ago

But doesn't it also use contingency reserves to account for uncertainties?

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15 days ago

I agree with Jesusa. It's helpful to break down the estimate into smaller parts.

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18 days ago

I think the advantage of analogous estimating is that it can be applied to segments of work.

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