Certified Associate in Project Management (CAPM) — Question 367

The project manager is working in the processes of Project Resource Management. Which process is the project manager developing if they are using parametric estimation?

Answer options

Correct answer: B

Explanation

The correct answer is B, as parametric estimation is a method used specifically in the Estimate Activity Resources process to determine the types and quantities of resources needed. Options A, C, and D relate to different aspects of resource management, such as planning, cost estimation, and acquiring resources, but do not directly involve the estimation of activity resources.