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Viewing questions 251-300 out of questions
Questions # 251:

A project manager manages a bridge construction project. The project manager has received a major change request from a regulatory stakeholder to add one branch of the bridge to the engineering design. The project manager prepared a change request, which was reviewed and accepted by the change control board (CCB).

What should the project manager do now?

Options:

A.

Notify the project team about the change request's approval.

B.

Include the new branch of the bridge in the design.

C.

Communicate the decision to the stakeholder who requested the change.

D.

Evaluate the adjustments to the project management plan.

Expert Solution
Questions # 252:

A project manager recently finished a project and started managing a new project with a different supervisor. As part of the early project activities, the supervisor from the

original project is assigned to the team as a nonsupervisory resource and immediately begins challenging all decisions made by the current supervisor.

What should the project manager do to resolve this conflict?

Options:

A.

Give the project team time to work through the issues with the new supervisor.

B.

Ensure the new supervisor takes the lead when being challenged.

C.

Immediately remove the resource from the project team.

D.

Communicate with the resource on the roles and responsibilities of this project.

Expert Solution
Questions # 253:

A project is about to start with a global project team. Travel is not a viable option for project team members, so most will participate virtually.

What should the project manager do to engage the team?

Options:

A.

Have one-on-one meetings with team members to improve communication.

B.

Ask human resources (HR) for team-building recommendations.

C.

Schedule weekly team meetings to encourage collaboration.

D.

Invest in a virtual collaboration/colocation environment.

Expert Solution
Questions # 254:

While finalizing project management plans, a customer provides the project manager with a new set of quality standards to which the final product must adhere. What

should the project manager do to ensure a smooth delivery of the product?

Options:

A.

Involve the client in risk identification.

B.

Agree with the client on acceptance criteria.

C.

Involve the client in a performance gap analysis.

D.

Agree with the client on a new project charter.

Expert Solution
Questions # 255:

A project manager is beginning a new project with very diverse team members. The project manager chose to use consensus building so the team can agree on and be

engaged in how the project will be executed.

How should the project manager proceed?

Options:

A.

Create an environment where the agreement is reached by a majority vote.

B.

Create an environment where the agreement is reached through discussion.

C.

Establish recurring brainstorming sessions to discuss project issues.

D.

Allow team members to contribute ideas in a stream-of-consciousness mode.

Expert Solution
Questions # 256:

A company is interested in reducing production costs in one of its production lines. When the project charter was about to be approved, one of the key stakeholders questioned the project's value and caused a delay in the approval.

What should the project manager have done to avoid this setback?

Options:

A.

Assessed feasibility and impacts

B.

Developed benchmarking

C.

Analyzed stakeholders

D.

Detailed the project charter

Expert Solution
Questions # 257:

Eight highly qualified experts have been assembled to work for a 6-month period on an a specific aspect of an organization's product development process. How should the

project manager support this team to succeed?

Options:

A.

Hand over control of specific aspects of their roles as experts and let them agree on their own timelines and targets.

B.

Bring in a senior colleague who is also an expert to ensure the team is on track to achieve the goals and objectives.

C.

Define roles and targets for all team members and regularly follow up with one-to-one meetings to review progress.

D.

Work with the team members to define the overall objective and support them to engage around the goal.

Expert Solution
Questions # 258:

A project being constructed in a remote rural area is nearing the end of construction. The project manager would like to share the good news with stakeholders.

How should the project manager communicate with the local community?

Options:

A.

Social media

B.

Email

C.

Meetings

D.

Newspapers

Expert Solution
Questions # 259:

A project manager agreed to a team member's request to have an alternative working schedule whereby they begin working at 12:00 p.m. each

day. This arrangement has worked well for the project, but has recently been scrutinized by members from other project teams because the

company's core working hours begin at 9:00 a.m.

What should the project manager have done to prevent this situation?

Options:

A.

Broken down the situation to identify the root cause

B.

Determined communication methods and channels

C.

Analyzed the boundaries of the negotiations for agreement

D.

Managed and rectified the ground rule violations

Expert Solution
Questions # 260:

A project manager was recently assigned to a banking IT project. The project team has been developing products using a predictive approach for more than 10 years, but management wants the team to change to an agile approach. The project manager met with the team to introduce the agile approach. Most of the team members complained about changing approaches because the performance of this team has always been above average among the IT teams in the bank.

Which two actions should the project manager take? (Choose two)

Options:

A.

Interview the most resistant team members to persuade them to try to accept an agile approach.

B.

Conduct training sessions with the team so that the team can understand what the agile approach and mindset are.

C.

Ask the team to identify the product backlog and create a kanban board for the team to manage and follow the approach.

D.

Meet with management to explain the team's resistance to the agile approach and request that they formally ask the team to implement agile.

E.

Brainstorm with the team to understand the specifics of the team's project and to identity possible alternative approaches for the team.

Expert Solution
Questions # 261:

A project manager leads a project that implements a new process throughout the organization. The rollout is done in stages and the project manager planned a demonstration for the pilot business units. A manager from a business unit that is scheduled for a later date asks to be invited to the sprint review.

What should the project manager do?

Options:

A.

Refer the sprint review request to the project sponsor.

B.

Ask the manager to get an approval from the product owner.

C.

Invite the manager to the scheduled sprint review.

D.

Organize a special demonstration for the manager only.

Expert Solution
Questions # 262:

A project manager is working on an enterprise resource planning (ERP) initiative that contains stakeholders spanning numerous business lines. The project manager begins

to identify, evaluate, and categorize the stakeholder relationships to the program.

What is the purpose of this process?

Options:

A.

Identify all stakeholders who can negatively affect the project.

B.

Incorporate the needs of all stakeholders into the communications management plan.

C.

Incorporate only primary stakeholders into the communications management plan.

D.

Identify all stakeholders who can positively affect the project.

Expert Solution
Questions # 263:

A project team has established contracts for purchasing vehicles and construction services. In the middle of project execution, the team learns

that the vehicle supplier cannot deliver the vehicles. There is not enough time to find a new supplier without delaying the project.

Which action should the project manager take to procure the vehicles?

Options:

A.

Ask the technical team to revise the requirements, even if it requires extra budget.

B.

Arrange a meeting with the client to request additional time to find a new supplier.

C.

Review the existing service contracts to find an option to help procure the vehicles.

D.

Procure the vehicles from another supplier and report the change to the change control board (CCB) later.

Expert Solution
Questions # 264:

During project implementation, one team finds out that a key project deliverable was not budgeted. What should the project manager do first?

Options:

A.

Escalate the issue to the project sponsor for resolution.

B.

Meet with the team to discuss alternatives.

C.

Hold the team accountable and ask for an immediate solution.

D.

Remove the deliverable from the project scope.

Expert Solution
Questions # 265:

In a geographically distributed team, a developer continues to delay a coding activity. This activity is on the critical path. The project manager

found out that the delay is due to the developer's lack of understanding of the customer requirements shared by the off-site team.

What should the project manager do?

Options:

A.

Replace the developer with a skilled resource.

B.

Perform a root cause analysis (RCA) with the team members.

C.

Facilitate communication to ensure clarification of the requirements.

D.

Conduct frequent performance reviews.

Expert Solution
Questions # 266:

A project manager receives a suggestion from a team member for improving the product attributes without impacting the schedule or cost. This will add value to the project

and the customer.

What should the project manager do?

Options:

A.

Ask the team member to submit a formal change request.

B.

Accept the suggestion as it has no impact on the project.

C.

Ask another team member to validate the impacts of the suggestion.

D.

Reject the suggestion and ask the team member to focus on executing the plan.

Expert Solution
Questions # 267:

During iteration two of a project with two teams {A and B), the project manager is concerned that there are two critical activities from team A that must be started in iteration four. Additionally, these two activities are dependent on an activity from team B that has not yet been prioritized.

What should the project manager do?

Options:

A.

Ensure team B prioritizes the dependent activity in iteration three.

B.

Include the dependent activity in the current iteration for team B.

C.

Assign the two critical activities to team B in iteration two.

D.

Cancel the current iteration and reschedule it with the dependent activity.

Expert Solution
Questions # 268:

A project manager is working on multiple building construction projects using a predictive project management approach. Senior leadership within

the organization is promoting the inclusion of more agile practices into the current project methodologies. The project sponsor now wants the

projects to use more agile methodologies.

Before mandating any agile methods to be used in a project, what should the project manager do first?

Options:

A.

Provide agile training to those who will be part of the project team.

B.

Shift all existing projects to agile methodologies with a strict timeline.

C.

Pause the current projects to align them to the new agile cadence.

D.

Assess the organizational culture and readiness for the transformation.

Expert Solution
Questions # 269:

A project is approaching successful completion, and all stakeholders are really proud of the achieved results. The project management office

(PMO) recommends the project manager to lead the next similar project.

What should the project manager do next?

Options:

A.

Engage key stakeholders to complete and deliver lessons learned.

B.

Select the same stakeholders for the next project to avoid doing knowledge transfer.

C.

Present the project achievements and delegate knowledge transfer to the steering committee.

D.

Request the PMO to manage the lessons learned repository.

Expert Solution
Questions # 270:

Anew law was published about zoning permits for telecom towers. This may cause cost and schedule overruns for the new network rollout.

What should the project manager do?

Options:

A.

Assess and prioritize the impact of the new law on the project plan.

B.

Update the project plan because the law is an obligation for the project.

C.

Minimize the scope to catch the cost and schedule baseline.

D.

Meet the sponsor to ask for additional time and budget increase.

Expert Solution
Questions # 271:

An organization is about to start a multiphased project. Due to strict regulations, some of the phases must be completely planned in advance.

However, other phases allow for more flexibility and experimentation on scope and schedule. The sponsor wants to pursue the project objectives

as planned, but also wants to accommodate new information and changes as the project progresses.

Which project management approach should the project manager select for this project?

Options:

A.

Hybrid

B.

Incremental

C.

Agile

D.

Phased

Expert Solution
Questions # 272:

A project manager notices that a new junior team member's suggestions are constantly rejected by senior team members. The senior team members find the suggestions valid and innovative, but unrealistic. Following several project assignments, the senior members request to have the junior team member removed.

What should the project manager do next?

Options:

A.

Accept the demands and remove the junior team member.

B.

Encourage further and deeper discussions among team members.

C.

Group the new team members together for training purposes.

D.

Remove possible conflicts from future project assignments.

Expert Solution
Questions # 273:

A project manager is leading a hybrid project funded by a time and materials (T&M) agreement. The project was completed, and the client

accepted the delivery of the product. One week later, the client asked the project manager to fix two defects they found in the product. The project

manager responded with an estimate of time and money and asked the client to confirm this. The client disagreed and insisted that the work

should be done for free because it is a defect in the product.

What should the project manager have done to prevent this?

Options:

A.

Trained client engineers to support the product after its delivery.

B.

Reviewed the project quality control plan with the client.

C.

Suggested a fixed-cost basis and included free bug fixes for 1 month.

D.

Planned how the delivered product will be supported after its delivery.

Expert Solution
Questions # 274:

After conducting a performance assessment, the project manager identified that some gaps still exist. What should the project manager ensure?

Options:

A.

Assessment results are kept private and not shared among team members.

B.

Performance improvement programs are organized for all team members who were assessed.

C.

All team members rotate their job schedules immediately to make them versatile.

D.

Awards are given to all team members for playing a role in the project and undertaking the assessment.

Expert Solution
Questions # 275:

A project manager is in the process of closing out a project and has been asked by the project management office (PMO) to confirm that the transfer of knowledge to the operations team for support operations has been successfully completed. Which technique should the project manager apply to verify the knowledge transfer?

Options:

A.

Brainstorming

B.

Meetings

C.

Regression analysis

D.

Expert judgment

Expert Solution
Questions # 276:

A project is on its fifth iteration out of six. One member of the team has left the company unexpectedly.

What should the project manager do next?

Options:

A.

Detail the reason for the project delay in the status report.

B.

Invite the stakeholders to discuss a mitigation plan.

C.

Take on some of the necessary work to minimize the impact.

D.

Register an issue and escalate it to the project sponsor.

Expert Solution
Questions # 277:

A vendor project manager and team are implementing a software solution across the organization. A customer stakeholder who was not present during the sales process is demanding that the team implement requirements that are out of scope without adding additional cost to the project.

What should the project manager do next?

Options:

A.

Escalate the issue of the additional requirements to the executive leadership team.

B.

Refer the stakeholder to the delivery specifications in the statement of work (SOW).

C.

Implement all the requirements the customer has requested.

D.

Adjust the scope baseline and schedule baseline accordingly.

Expert Solution
Questions # 278:

A project manager just completed a successful deployment and is preparing to transition the project to an operational state before starting closeout actions. What should the project manager do to ensure that the project is ready to move to an operational state?

Options:

A.

Meet with the project team to review the work breakdown structure (WBS) and confirm deliverables have been delivered.

B.

Develop a plan to repay the technical debt incurred during the project and ensure that the project sponsor agrees with the plan.

C.

Review the project approval requirements in the project charter and confirm who will be approving the project.

D.

Refer to the project’s work in progress (WIP) reports to ensure that there is no additional work in the backlog.

Expert Solution
Questions # 279:

An updated schedule for work delivered by a subcontractor is a condition for a milestone payment. The subcontractor completed the work but does not have a schedule, claiming that work was already agreed upon with the client.

What should the project manager do?

Options:

A.

Negotiate a contract change with the subcontractor.

B.

Meet with the client to discuss the issue with the subcontractor.

C.

Inform the subcontractor that they must send the schedule.

D.

Tell the subcontractor to submit a draft schedule.

Expert Solution
Questions # 280:

An agile project has a broad set of product features intended for different user profiles and usages. It is difficult to define common acceptance criteria that can apply to all the features.

How can the project manager ensure that the appropriate acceptance criteria are applied to the features?

Options:

A.

Define the acceptance criteria and specific functional test cases only after analyzing the user feedback from testing the early feature release.

B.

Integrate the acceptance criteria review into the definition of ready (DoR) for each feature and associated tests into the feature's definition of done (DoD).

C.

Use the broadest set of acceptance criteria to ensure that all features have a common quality baseline and associated functional test cases.

D.

Integrate the specific tests into the definition of ready (DoR) for each feature and the acceptance criteria into the feature's definition of done (DoD).

Expert Solution
Questions # 281:

In the past year, a company paid US$60,000 to an external subcontractor for an ongoing project. The project manager has been asked to

evaluate if the project can be delivered more cost effectively this year by using internal labor. The project manager used an optimistic term of 4

months, a pessimistic term of 6 months, and a most expected term of 5 months, and has concluded that the service can be delivered with the

following resources:

* Two engineers (monthly salary of US$700 each)

* One project manager (monthly salary of US$1,600)

* Additional estimated monthly expenses of US$2,000

The project manager used the program evaluation and review technique (PERT) to calculate the savings if the project is delivered with in-house

resources.

How much money will the project manager estimate the company can save?

Options:

A.

US$35,000

B.

US$20,000

C.

US$40,000

D.

US$30,000

Expert Solution
Questions # 282:

A project sponsor insists that the project scope for a new product launch should include two geographical locations. However, after the project scoping session was done, a project charter was completed and approved with one location only.

What should the project manager do?

Options:

A.

Ask the sponsor to increase the budget and schedule of the project to accommodate the additional scope.

B.

Encourage the sponsor to start another project for the additional location so that the current project is not impacted.

C.

Assess the impact to the scope and submit a change request for approval of the two locations before including them in the scope of the project.

D.

Discuss with the sponsor that the project scope is approved and it is not possible to include two locations as it will affect the budget.

Expert Solution
Questions # 283:

A project manager is leading a cross-departmental project that involves many stakeholders. During the project, the project manager observes that the stakeholders are diverse and have different expectations about how the project should be handled. This leads to frequent confusion and misunderstandings among the stakeholders.

What should the project manager do to integrate the diverse stakeholder groups?

Options:

A.

Advise the team members to focus on project work and avoid getting distracted by the stakeholders’ disagreements.

B.

Hold separate meetings with the individual stakeholders and escalate their concerns to the project sponsor.

C.

Develop a joint quality policy for the project and seek a commitment by all of the departments.

D.

Analyze the probability and impact of the risks linked with the situation and implement the proper response plan.

Expert Solution
Questions # 284:

A project manager is scheduled to meet with a client for their weekly risk management meeting. The project manager observed that one of the tasks which had external dependencies is delayed by one week. The project manager knows this will have an impact but does not know the exact details.

What two things should the project manager do? (Choose two)

Options:

A.

Discuss the issue with the external supplier's authority.

B.

Review the lessons learned from similar past projects.

C.

Gather additional information and estimate the impact.

D.

Update the risk log and bring this up in the meeting with the client.

E.

Wait for the client to raise a concern and collect more information.

Expert Solution
Questions # 285:

A project manager is leading a project that has a dependency on the client's vendor management system for critical requirements. The vendor

management team will not derive any benefits from the project. However, the project requires support from the vendor management head.

What should the project manager do next?

Options:

A.

Get support from the sponsor to hire a subject matter expert (SME) from the vendor management team to work on the project.

B.

Review the terms of reference of the steering committee to include the vendor management head.

C.

Work with the sponsor on a communications management plan to obtain support from the vendor management head.

D.

Obtain help from the sponsor to highlight any nonfinancial benefits for the vendor management team.

Expert Solution
Questions # 286:

A project manager is assigned to a project where a vendor has been engaged to build a new system One week before user acceptance testing (UAT) is scheduled the vendor informs the project manager that they can only deliver half of the promised functions by the UAT start date.

What should the project manager do next?

Options:

A.

Wait until the vendor cannot deliver and then invoke liquidated damages based on the contract

B.

Escalate to management and prepare tor project closure by canceling the contract with this vendor

C.

Adjust the protect schedule to accommodate the current development progress of the vendor

D.

Communicate with the vendor and project team and explore possibilities lor resolving the issue

Expert Solution
Questions # 287:

An enthusiastic, newly hired vice-president has been assigned as the product owner for a digital transformation project. The project manager

advises the product owner that some of the functional requirements are not aligned with the chief information technology officer's (CTO) strategy.

The product owner tells the project manager that the CTO is not part of the project and should not be engaged at this moment.

What should the project manager do?

Options:

A.

Advise the CTO about the possible impacts caused by the project.

B.

Influence the product owner to review the engagement needed from other stakeholders.

C.

Continue building the backlog since they are functional requirements.

D.

Review the organizational process assets (OPAs) for historical information from similar projects.

Expert Solution
Questions # 288:

A key stakeholder is refusing to participate in a crucial project stage and disagrees with the project team's approach. This situation is affecting the project team's morale.

What should the project manager do?

Options:

A.

Ask the project team to meet and document why the stakeholder's approach is incorrect.

B.

Schedule a meeting with the project team and the key stakeholder as soon as possible to discuss and agree on an approach.

C.

Discuss the issue with the project team during a project status meeting and request that they change the approach.

D.

Ask the project sponsor to meet with the project team and key stakeholder to discuss the approach.

Expert Solution
Questions # 289:

A team has been working for some time on a project with incremental deliveries. The project manager noticed that one of the team members is less engaged in team meetings, yet delivers promptly. While discussing the source of demotivation, the team member informed the project manager that this is due to a feeling of lack of skills in dealing with new tasks.

How should the project manager address the issue?

Options:

A.

Create a self-paced learning plan with the team member during working hours, with checkpoints on learning progress.

B.

Review which tasks the team member would feel more motivated to work on, then assign those tasks to the team member.

C.

Replace the team member with a resource from another team who already has the requisite training and skills needed.

D.

Discuss growth and development needs with the team member and provide learning opportunities accordingly.

Expert Solution
Questions # 290:

An agile project for a database migration impacts nearly all business units of the corporation. Every effort has been made to complete the migration before the end-of-support date for the database platform. A new impediment now implies the need to continue use of the old platform another year at a higher support price.

What should the product owner do about this situation?

Options:

A.

Reprioritize the backlog based on value and cost of delay divided by duration.

B.

Switch to a predictive approach to prevent any further delays to completion.

C.

Reprioritize the backlog based on story size and competence availability.

D.

Remove low-value items from the backlog to compensate for the higher cost.

Expert Solution
Questions # 291:

A project manager is leading a project that needs to be deployed quickly to the market. An influential stakeholder does not believe that the project management processes bring business value.

What can the project manager do to gain the support of the stakeholder?

Options:

A.

Ask the stakeholder for a meeting to review the project's charter and project management plan.

B.

Disregard the stakeholder's concerns and continue following the project management plan to execute the project.

C.

Hold a training workshop to educate the stakeholder about project management best practices.

D.

Clarify the project roles and responsibilities, and share the purpose to gain the stakeholder's buy-in.

Expert Solution
Questions # 292:

A customer is concerned with the quality of the product delivery, as the production deployment is approaching. What should the project manager do next to ensure acceptance of the deliverables?

Options:

A.

Test product integration in accordance with the requirements.

B.

Evaluate the quality checklist for product compliance.

C.

Review the approved exit criteria for the product.

D.

Verify the production budget before advancing the product.

Expert Solution
Questions # 293:

During the execution phase of a project, a new department has been created in the company. The manager of this department has requested to

be involved in the regular project communications and reporting cycles.

What should the project manager do?

Options:

A.

Ask the project team members to include the manager in all of their communications regarding this project.

B.

Inform the manager that only stakeholders identified in the communications management plan should be involved.

C.

Perform a stakeholder analysis and update the communications management plan to reflect the new situation.

D.

Suggest the manager contact the steering committee and project management office (PMO) to be included.

Expert Solution
Questions # 294:

A mandatory compliance requirement that will impact the project software is introduced during the execution phase of an iterative project. The team is aware of the compliance requirement.

What should the project manager do next?

Options:

A.

Update the product backlog item with this new requirement.

B.

Escalate the issue of project impact to the project sponsor.

C.

Escalate the issue of project impact to the product owner.

D.

Update the stakeholder register to include the requirement owner.

Expert Solution
Questions # 295:

In a frequently changing project, the project manager discovers a customer requirement change during a daily meeting. What should the project manager do?

Options:

A.

Give the change to the scrum master to investigate how much additional effort the change will require.

B.

Tell the customer that the requirement change will be put into the next project phase if management approves.

C.

Validate the requirement change with the product owner and development team before redefining the scope.

D.

Escalate to management for approval since the change was not included in the original requirements.

Expert Solution
Questions # 296:

A project stakeholder complained that they did not receive an important delivery that was stated in the schedule. The team member responsible for this deliverable explained that they sent an email to the stakeholder, advising them that the deliverable would not be delivered on time.

What should the project manager have done to avoid this situation?

Options:

A.

Ensured that the team member did not communicate directly with the project stakeholder.

B.

Confirmed that the stakeholder was made aware of the delivery delay.

C.

Told the team member to send the unfinished deliverable to the stakeholder and finalize it later.

D.

Communicated with the stakeholder directly regarding the delivery delay.

Expert Solution
Questions # 297:

A project manager has been transferred to another country to work on a key project. The project manager successfully completed the planning phase and has started the execution phase, reporting good progress. During the last meeting with the project sponsor, the project manager was told that some stakeholders have complained that the project manager's emails are very harsh.

What should the project manager do to solve this situation?

Options:

A.

Adjust the communications management plan to gain stakeholder trust.

B.

Change the communication mode from emails to meetings to reduce stakeholders complaints.

C.

Determine the level of influence of the stakeholders who are complaining.

D.

Explain 1c the sponsor that the communication model being used is from company headquarters.

Expert Solution
Questions # 298:

In a weak matrix environment, two key team members are falling behind with their tasks, which will affect the success of the project.

Further investigation by the project manager reveals that they have unresolved issues with each other. The project manager asks them to find a way to resolve the issues, but this is unsuccessful. The project manager then holds a meeting with them to work outa permanent solution to the issues, but this is also unsuccessful.

What should the project manager do next?

Options:

A.

Escalate the issue to a higher authority.

B.

Suspend the two key team members immediately.

C.

Put the issue on the agenda for the next team meeting.

D.

Reassign one of the key team members to a different task.

Expert Solution
Questions # 299:

A product owner has provided the team with a prioritized backlog for the initial

launch of a new product. After analysis, the team concludes that some work is missing to

support the initial launch and provides this information to the product owner. The product

owner acknowledges the missing work and adds it to the bottom of the backlog. The team is

not happy with the prioritization that the missing work received.

What should the project manager do in this situation?

Options:

A.

Let the project team pull the recommended work from the bottom of the backlog to

maximize value creation.

B.

Analyze and reprioritize the backlog and provide the decision to the product owner

and team.

C.

Recommend the product owner prioritize the missing work higher because it is

needed for the minimum viable product (MVP).

D.

Empower the product owner by supporting the decision and instructing the team to follow the prioritization as provided.

Expert Solution
Questions # 300:

A project manager is responsible for providing a budget estimate for a long-term project that will be executed over several years. Which essential task should the project manager implement at this phase?

Options:

A.

Include key risks in the cost baseline.

B.

Perform an analogous estimate.

C.

Perform a bottom-up estimate.

D.

Include projected inflation rates.

Expert Solution
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