Bottom-up estimating techniques

posted 2¼years ago by Natalie2000
© Copyright: Project Management Professional (PMP) Study Guide by Kim Heldman, Sybex Inc., Alameda, CA, USA, 2002, page 39, question 38
Cost Management | Estimates

You are working on a project that will upgrade the phone system in your customer service center. You have used bottom-up estimating techniques to assign costs to the project activities and have determined the cost baseline. Which of the following is true?

A. You have completed the Cost Estimating process and now need to complete the Cost Budgeting process to determine the project’s baseline.
B. You have completed the Project Plan Development process and established a project baseline to measure future project performance against.
C. You have completed the Cost Estimating process and now need to complete the Project Plan Development process to establish a project baseline to measure future project performance against.
D. You have completed the Cost Budgeting process, and the cost baseline will be used to measure future project performance.

george (2¼years ago):
I suppose it's D, cost budgeting has been completed, cost baseline is ready and now it's time to start tracking project performance using this cost baseline.

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