You are in the process of developing an approximation of the costs of resources
ID: 356605 • Letter: Y
Question
You are in the process of developing an approximation of the costs of resources needed to complete each schedule activity. Which of the following is the LEAST helpful input?
Question options:
Schedule management plan, staffing management plan, risk register
Marketplace conditions, commercial databases
Cost estimation policies/ templates, historical information, project team knowledge
Activity cost estimates, activity cost estimate supporting details
1)Schedule management plan, staffing management plan, risk register
2)Marketplace conditions, commercial databases
3)Cost estimation policies/ templates, historical information, project team knowledge
4)Activity cost estimates, activity cost estimate supporting details
Explanation / Answer
All except 4) (Activity cost estimates, activity cost estimate supporting details) all options are input for estimation of cost of resource.
Activity cost estimates and activity cost estimate supporting details are actually output of estimation of cost of resource
Answer 4 ) Activity cost estimates, activity cost estimate supporting details
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