Project Management Professional (PMP) Practice Exam

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Which is not a point used for three-point estimation?

  1. Optimistic estimate

  2. Most likely estimate

  3. Budget estimate

  4. Pessimistic estimate

The correct answer is: Budget estimate

The other options, A, B, and D, are all examples of points used for three-point estimation. An optimistic estimate is the best-case scenario, a most likely estimate is the most probable outcome, and a pessimistic estimate is the worst-case scenario. A budget estimate is not a point used for three-point estimation because it is typically a fixed cost or predetermined amount rather than a range of estimates. Therefore, it is not used in the calculation of the final estimated value.

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