Book Image

CompTIA Project+ Study Guide: Exam PK0-004 - Second Edition

By : Kim Heldman
Book Image

CompTIA Project+ Study Guide: Exam PK0-004 - Second Edition

By: Kim Heldman

Overview of this book

The CompTIA Project+ Study Guide, Second Edition is your comprehensive resource for taking Exam PK0-004. With 100% coverage of all exam objectives, this book gives you everything you need to approach the exam with confidence. Detailed explanations and superior study tools cover and reinforce setup, initiation, planning, execution, delivery, change, control, communication, and closure, and the author Kim Heldman's twenty-five years of project management experience provide deep insight into real-world applications. The book contains detailed explanations and superior study tools that cover and reinforce all the exam objectives. You’ll begin by tackling questions related to pre-project setup and project initiation. Then you’ll solve questions about creating a project charter and planning it. You’ll also take questions about developing schedules and budgets and project execution. The later chapters provide questions on managing change, control, and communication. Finally, you’ll be given questions on project closure. By the end of the book, you’ll have the knowledge you need to be confident on exam day.
Table of Contents (17 chapters)
Free Chapter
1
Acknowledgments
2
About the Author
15
Advert
16
EULA

Estimating Costs

Now that you’ve developed the project schedule and documented the project resource requirements, you’re ready to begin estimating the cost to complete the work of the project, determine the project budget, and estimate the total cost of the project.

You can use a number of techniques to determine cost estimates. I’ll cover four in this chapter, including analogous (also known as top-down), parametric, bottom-up, and three-point estimates. I’ll also provide some tips to help you work through the estimating process. Remember that these estimating techniques can be used for estimating activity durations as well as costs.

Cost-Estimating Techniques

You can use several...