Introduction to project management/IPM103/Budget/Methods quiz

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Quiz

Test out what you have learnt in this fun quiz.

  • Which of the following methods is associated with reorganising estimates by grouping with activity codes?
    • Analogous
      • Incorrect try again
    • Parametric
      • Incorrect try again
    • Bottom-Up
      • Incorrect try again
    • Activity-Based
      • Correct well done
  • Which of the following methods is associated with an estimate that is based on other project estimates?
    • Analogous
      • Correct good job
    • Parametric
      • Incorrect try again
    • Bottom-Up
      • Incorrect try again
    • Activity-Based
      • Incorrect try again
  • Which of the following methods is associated with identifying the cost of each item in each activity of the project?
    • Analogous
      • Incorrect try again
    • Parametric
      • Incorrect try again
    • Bottom-Up
      • Correct wonderful
    • Activity-Based
      • Incorrect try again
  • Which of the following methods is associated with using average costs per unit based on costs from other projects?
    • Analogous
      • Incorrect try again
    • Parametric
      • Correct superb
    • Bottom-Up
      • Incorrect try again
    • Activity-Based
      • Incorrect try again
  • When John based the estimate for his move on the cost of his friend's move, this was a/an
    • Analogous estimate
      • Correct perfect
    • Parametric estimate
      • Incorrect try again
    • Bottom-up estimate
      • Incorrect try again
    • Activity-based estimate
      • Incorrect try again
  • When Jane grouped her costings, e.g. friends' help, packing materials, rental truck, this was a/an
    • Analogous estimate
      • Incorrect try again
    • Parametric estimate
      • Incorrect try again
    • Bottom-up estimate
      • Incorrect try again
    • Activity-based estimate
      • Correct first class
  • When Jane prepared a detailed estimate of costs for packing materials and use of a rental truck, this was a/an
    • Analogous estimate
      • Incorrect try again
    • Parametric estimate
      • Incorrect try again
    • Bottom-up estimate
      • Correct Nice Job
    • Activity-based estimate
      • Incorrect try again
  • When the truck company estimated the size of the moving truck on the number of bedrooms, this was a/an
    • Analogous estimate
      • Incorrect try again
    • Parametric estimate
      • Correct Brilliant
    • Bottom-up estimate
      • Incorrect try again
    • Activity-based estimate
      • Incorrect try again