MCQs > Finance & Management > PMP - Project Management > The margin on the project you are working on is low, and it is extremely important that the cost estimates for the work to be accurate. While reviewing the cost estimates for it, you notice that one for an element in the WBS is 10% higher than two previous projects for very similar work. What should you do?

PMP - Project Management MCQs

The margin on the project you are working on is low, and it is extremely important that the cost estimates for the work to be accurate. While reviewing the cost estimates for it, you notice that one for an element in the WBS is 10% higher than two previous projects for very similar work. What should you do?

Answer

Correct Answer: Ask the person responsible for the estimate to explain the difference and bring supporting information to you

Explanation:

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PMP - Project Management Skill Assessment

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PMP - Project Management Skill Assessment

Overall Skill Level-Poor

Your Skill Level: Poor

Retake Quizzes to improve it