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PMP Certification Planning Questions Test 3
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Question : 29
Total: 70
A project manager is in the process of developing the cost management plan on a new project, which is based on the approved project charter's information. This is an innovative project and the company has not delivered a similar project in the past.
What should the project manager do next?
Use the project charter's deliverables for analogous estimating.
Ask the project team to find similar projects outside the company.
Develop the work breakdown structure (WBS) for bottom-up cost estimating.
Define a draft budget with a contingency to cover unknowns.
Validate
Solution:
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