CAPM (Certified Associate in Project Management) Practice Exam

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Prepare for the CAPM (Certified Associate in Project Management) exam with our informative quiz. Test your knowledge through multiple-choice questions and detailed explanations to boost your confidence and readiness for the certification.

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What is defined in the WBS dictionary as part of the basis of estimate?

Project scope statement
Rationale for estimates
Resource breakdown structure
Project schedule

The correct answer is: Rationale for estimates

The correct answer is B. Rationale for estimates is defined in the Work Breakdown Structure (WBS) dictionary as part of the basis of estimate. Option A, project scope statement, is a key document that outlines the deliverables and boundaries of the project but is not specifically related to the basis of estimate. Option C, resource breakdown structure, is a hierarchical representation of resources by category and type which is not directly related to the basis of estimate. Option D, project schedule, is a detailed timetable that includes start and end dates of project activities but again is not identified as part of the basis of estimate. Therefore, the best choice is B as it specifically relates to the rationale behind the estimates provided in the WBS dictionary.