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Project Management Professional · PMI
Select one answer.
Written by other learners. Comments can disagree with the marked answer — check the official documentation when in doubt.
Answer: → A. Estimate the costs at the work package level and add those costs to calculate the total cost of the project and compare it to the allocated budget. → Flow: [Cost Management > Estimate Costs (Work Package Level)] → [Determine Budget (Roll-up + Contingency)] → [Compare Total Estimated Cost vs. Allocated Project Budget] → [Validate Sufficiency → Adjust if Needed via Change Control].
A is correct in my opinion because estimating the cost at work package level offers a bottom up estimate and a clear visibility of all the resources used.
I understand that A is the answer. However, why can't B be an answer? B. Create a budget burndown and a scope burnup and then verify that the project scope is completed before the allocated budget is depleted.