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Question 404 - PMP discussion

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Important projects in the portfolio backlog need to be delivered. Budget estimates are needed to prioritize the projects.

How should the project budgets be estimated?

A.
The project is decomposed into features and based on the feature value and the velocity of the team, the team provides the estimate
Answers
A.
The project is decomposed into features and based on the feature value and the velocity of the team, the team provides the estimate
B.
Budget estimates are provided based on the experience of the sponsor, product owner and team facilitator
Answers
B.
Budget estimates are provided based on the experience of the sponsor, product owner and team facilitator
C.
The team facilitator uses historical data and arrives at an estimate based on the nature of the project.
Answers
C.
The team facilitator uses historical data and arrives at an estimate based on the nature of the project.
D.
The product owner obtains all project details and based on the team's experience and velocity provides a budget estimate
Answers
D.
The product owner obtains all project details and based on the team's experience and velocity provides a budget estimate
Suggested answer: A
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asked 23/09/2024
vault ghz
28 questions
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