PMP Exam Simulator

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4h 0m 0s
info iconPMP exam lasts 4h and has 200 questions
info iconUse acceleration to have extra 30m in reserve on exam

lock iconCost Management

Vanessa is a highly experienced project manager. She is working with her team to break down deliverables. The procurement department has started looking for sellers to help produce the deliverables. There are concerns that the project can go over budget because the scope will be iterated, and planning and development will be done in increments. Today, Vanessa and her team had a meeting with the sponsor. The sponsor is concerned about how accurate the project estimates are, taking into consideration that they are planning to iterate the scope. Vanessa is sure that the team can provide accurate estimates, because they are using right tools for it. The team need all of the following to provide a project estimate EXCEPT: