The Practice Area that uses estimates to create a work plan, schedule, and budget is part of which Capability Area?

The correct answer revolves around the focus of the Planning and Managing Work Capability Area, which emphasizes the importance of detailed planning in the context of project management and execution. This area specifically addresses the need for estimates related to work, which are crucial in forming a realistic and actionable work plan, constructing a feasible schedule, and developing a budget that aligns with project goals and resources.

By utilizing estimates, teams can assess the scope of the work, allocate resources efficiently, and set timelines that are achievable, all of which are fundamental components of successful project management. This systematic approach ensures that risks are acknowledged, and planning efforts are supported by quantitative data, leading to more informed decision-making and better overall project outcomes.

In contrast, the other Capability Areas do not primarily focus on these aspects. Managing Business Resilience concerns itself with organizational ability to adapt and recover from disruptions. Ensuring Quality is primarily focused on maintaining acceptable standards in processes and products rather than the upfront planning aspects. Doing is more about the execution phase rather than the explicit planning and budgeting aspects. Hence, the emphasis on estimates for work planning, scheduling, and budgeting aligns perfectly with the objectives of Planning and Managing Work.