Certified Associate in Project Management (CAPM) — Question 21

A project manager is working on an estimate. The project team is estimating each work package and then finding the total of all the work packages.
Which technique is the project manager using?

Answer options

• A. Three-point estimating
• B. Parametric estimating
• C. Bottom-up estimating
• D. Data analysis

Correct answer: C

Explanation

The correct method being used is Bottom-up estimating, as it involves breaking down each work package into manageable parts and estimating costs at that level before aggregating them. The other options, such as Three-point estimating and Parametric estimating, involve different approaches that do not focus on individual work packages in the same manner.