Estimating Practice Exam

What should be compiled to address all questions that arise during the estimation process?

1. Project summary

2. Informal discussion

3. Query list

4. Proposal overview

The correct answer is: Query list

In the estimation process, it's essential to compile a query list to systematically address all questions and uncertainties that come up. A query list serves as a dedicated document where estimators can jot down questions related to unclear requirements, potential project risks, assumptions made during estimations, and any additional information needed for a more accurate estimation. This allows for organized communication with stakeholders and team members, ensuring that all pertinent questions are tracked and resolved. While a project summary provides an overview of the project and its objectives, it doesn't specifically address the various questions that may arise during estimation. Informal discussions can be helpful for clarifying minor uncertainties, but they often lack the structure necessary to track and resolve all significant queries effectively. Similarly, a proposal overview focuses on presenting the project to stakeholders, rather than capturing ongoing inquiries throughout the estimation process. Therefore, compiling a query list is the most effective approach to address questions and enhance the overall estimation accuracy.