March 2025
Beginner to intermediate
208 pages
5h 46m
English
Content preview from Certified Associate in Project Management (CAPM)® Exam Crash Course
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Part 2 Summary
Domain 2 Additional Concepts
The following additional concepts are inherently connected to the topics listed in Domain 2 but are not specifically referenced in the ECO. To ensure you have a complete picture of how these all work together with the tasks in Domain 2, we’ll cover a few relevant topics here.
Basic Estimation Techniques
These methods are more commonly associated with predictive plan-based approach to estimate time and cost:
Analogous Estimating
Look at similar past projects
Quick but less accurate
Good for early planning
Parametric Estimating:
Use standard units
Multiply units by quantity needed
Good when you have reliable unit data
Works well for repetitive work
Three-Point Estimating (PERT Method)
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