In a preliminary meeting for a project, team members decide to execute the project with...

PMI CAPM Question Answer

In a preliminary meeting for a project, team members decide to execute the project with methodology A finance team member wants to know how project cost will be determined at this early stage. How will the project team determine project cost?

Use a lightweight cost estimation due to the nature of angile projects.

Use a detailed cost estimation for agile projects.

Retrieve a dudget from a previous project and create a baseline of this project based on it.

Use a detailed work breakdown structure (WBS) to get cost estimation.

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Vendor: PMI
Product: CAPM
Update on: Jul 25, 2025
Questions: 1250

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In a preliminary meeting for a project, team members decide to execute the project with...

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