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PMP · Question #865
PMP Question #865: Real Exam Question with Answer & Explanation
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Submitted by rohit_dlh· Apr 18, 2026Process
Question
A member of the board of directors has asked the project manager for the estimated cost of the minimum viable product (MVP). The estimated cost is needed in order to get formal approval for this project. How should the project manager report this cost?
Options
- ACalculate the budget at completion (BAC) based on the completed and planned features.
- BDetermine the control accounts and use a top-bottom estimate.
- CEstimate user story points and forecast a budget for that deliverable.
- DConsider the cost performance index (CPI) based on earned value (EV) divided by costs.
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Topics
#Agile estimation#Minimum Viable Product (MVP)#Cost estimation#User story points