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Question:

A project manager meets with a key set of professionals within her project team. They show concerns over recent cost estimates produced, insisting that they have not sufficiently considered alternatives. It is still early in the project life cycle. Which of the following is a valid tool or technique that can assist the project manager in resolving the team’s concerns?

A Data analysis
Explaination

Data analysis is a tool and technique of the Estimate Costs process. There are several techniques that are part of data analysis, such as alternatives analysis. Other techniques include reserve analysis and cost of quality.