Practice Quiz

PMI PMP Project Management

Category - Time Management

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James is heading up a project and needs to create an estimate. Which of the following is not something James should do as project manager?
  1. Pad the estimate using no more than a week’s time
  2. Verify the estimate
  3. Give the team access to resources that will help them estimate each activity they are responsible for
  4. Make a running list of assumptions that come up during the estimation process
  5. Consider risks in estimating the timing of project activities.
Explanation
Answer: a -The role of the Project Manager is to discourage padding. What the Project Manager should be responsible for is verifying the estimate, giving the team access to the appropriate resources to estimate each activity effectively, and making a running list of assumptions that can be reviewed at a later time.

Key Take Away: Estimates are most effective when they are a team effort and utilize those team members who are doing the work (those with the deepest knowledge of the project) along with those doing the estimating. Be sure to tap those resources to gauge the best estimate.
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