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Exam (elaborations)

PRM3701 ASSIGNMENT 2 SEMESTER 1 2024

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August 9, 2023
Number of pages
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8/9/23, 6:07 PM Assessment 2: Attempt review




UNISA  2023  PRM3701-23-S2  Assessments  Assessment 2

QUIZ




Started on Wednesday, 9 August 2023, 6:04 PM
State Finished
Completed on Wednesday, 9 August 2023, 6:06 PM
Time taken 2 mins 49 secs
Marks 14.00/15.00
Grade 93.33 out of 100.00
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https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=12006611&cmid=625685 1/9

, 8/9/23, 6:07 PM Assessment 2: Attempt review

Question 1
Correct

Mark 1.00 out of 1.00




Consider a five-mile-long railroad tunnel. Tunnel experts and advocates estimate the total cost to be R200 million. What is the
reference class for this project? But reference class projects in this area have been over-budget by 30%. So, what should the
actual revised budget number be for this proposed five-mile tunnel project?


a. Past bridge projects, R230 million

b. Past tunnel projects, R260 million 

c. Past highway projects, R200 million

d. Past building projects, R230 million

e. Past construction projects, R230 million




Your answer is correct.

The reference class for this project should be old tunnel projects in the area. The revised budget should be the original budget
plus 30% of the original budget or R260 million in this case.
The correct answer is:
Past tunnel projects, R260 million




Question 2
Correct

Mark 1.00 out of 1.00




Which of the following does NOT help describe a bottom-up estimating approach?




a. They are made by someone who uses experience and/or information from someone else to determine overall 
project cost and duration.

b. They establish low-cost, efficient methods for completing activities.

c. They typically come from the people actually doing the work and who are most knowledgeable about the task at
hand.

d. Estimates are made at the work package level and then "rolled up" to determine estimates for major deliverables and
for the project itself.

e. They can take place after the project has been planned in detail.




Your answer is correct.

Top-down estimates usually are derived from someone who uses experience and/or information to determine the project
duration and total cost.
The correct answer is:
They are made by someone who uses experience and/or information from someone else to determine overall project cost and
duration.




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=12006611&cmid=625685 2/9

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