PMP Certification Training - Estimate Activity Duration

The video tutorial covers the process of estimating activity durations in project management. It explains the inputs, tools, techniques, and outputs involved in estimating the number of work periods needed to complete activities. Key methods like analogous, parametric, and bottom-up estimating are discussed, along with the importance of expert judgment and data analysis. The tutorial also highlights the significance of project documents, resource calendars, and risk registers in influencing duration estimates.

What is the primary purpose of estimating activity durations in project management?

• To determine the total project cost

• To estimate the number of work periods needed to complete activities

• To allocate resources efficiently

• To identify project risks

Which project document includes technical details that can influence effort and duration estimates?

• Activity list

• Scope baseline

• Risk register

• Resource breakdown structure

How can the availability of resources impact duration estimates?

• It has no impact on duration estimates

• It can lead to reduced efficiency and longer durations

• It only affects the cost of the project

• It ensures all activities are completed on time

What is the most common method of estimating that compares past projects with the current project?

• Parametric estimating

• Bottom-up estimating

• Analogous estimating

• Three-point estimating

Which estimating technique uses a mathematical model to determine durations?

• Three-point estimating

• Analogous estimating

• Bottom-up estimating

• Parametric estimating

What is the purpose of reserve analysis in the estimation process?

• To identify project milestones

• To account for uncertainty, risks, or complexity

• To allocate resources efficiently

• To determine the total project cost

What are the two major outputs of the duration estimation process?

• Project charter and scope statement

• Project schedule and cost estimates

• Duration estimates and basis of estimates

• Resource allocation and risk register