Question
Submitted by dipti1pmp on Wed, 10/29/2014 - 06:10
Breaking down project activities into smaller components in order to obtain a more accurate cost estimate is called:
1. Work breakdown structure
2. Analogous estimating
3. Decomposition
4. Bottom-up estimating
Forums:
hkakumanu@gmail.com
Wed, 10/29/2014 - 12:50
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WBS
A 1.
Definition of WBS, decomposition is a tool used to perform this activity so answer is 1
Tazio
Thu, 10/30/2014 - 01:41
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Is it not 3. Decomposition ?
Is it not 3. Decomposition ?
slashinv
Thu, 10/30/2014 - 06:22
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'Breaking down' project
'Breaking down' project activities...... is called ?
Decomposition is correct answer.WBS is o/p
YH
Thu, 10/30/2014 - 10:02
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Cost vs scope
I just solved this one by mistake so I understand what you mean
WBS is for scope whereas to obtain the cost "budget: Bottom-up estimating is used in cost
Here he was asking about cost
signor_rk
Fri, 10/31/2014 - 04:11
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ITTO
Here ,what I understand is that the question is asking for the Tools & Technique. So , Option # 3. Decomposition , should be the BEST choice.
rishibhardwaj121
Fri, 10/31/2014 - 12:25
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It should be 4. Bottom-up
It should be 4. Bottom-up estimating, coz, he's concerned with cost and breaking down activities further will help in analyzing cost for individual components that can further be rolled up to get the complete project estimates.
dipti1pmp
Tue, 11/04/2014 - 08:01
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admin / expert advice required
admin / expert advice required
hkakumanu@gmail.com
Wed, 11/05/2014 - 14:26
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Answer 4
Bottom-up estimation requires the project manager to know what the smallest tasks are, decomposition is a prerequisite for it.
In bottom-up estimating, each task is broken down into smaller components. Then, individual estimates are developed to determine what specifically is needed to meet the requirements of each of these smaller components of the work. The estimates for the smaller individual components are then aggregated to develop a larger estimate for the entire task as a whole. In doing this, the estimate for the task as a whole is typically far more accurate