Asked by
Lorena Rodriguez
on Oct 19, 2024Verified
_____ is the detailed cost estimates for each activity in the project.
A) Actual cost
B) Cost Performance Index
C) Budgeted cost of work scheduled
D) Earned value
E) Actual cost of work performed
Detailed Cost Estimates
An in-depth prediction of the likely costs of a project, based on detailed information and analysis.
- Understand the principles of cost estimation and control in project management.
- Differentiate among several techniques for cost estimation and their application in the context of project selection and planning.
Verified Answer
TR
Learning Objectives
- Understand the principles of cost estimation and control in project management.
- Differentiate among several techniques for cost estimation and their application in the context of project selection and planning.