CompTIA Project+ (PK0-004) — Question 185

A senior manager asks a project manager for an estimated budget on a new project.
Which of the following is the BEST step for the project manager to take?

Answer options

• A. Tell the senior manager the estimation is not available yet.
• B. Use the budget from a similar project to generate estimates.
• C. Ask a SME for an opinion and propose an estimate.
• D. Gather the team to immediately generate estimates.

Correct answer: B

Explanation

The correct answer is B because using the budget from a similar project allows for a more informed and realistic estimate based on past experiences. Option A is not proactive, C may not provide the best insights without context, and D could lead to rushed estimates that lack thorough analysis.