Project Management > QUESTIONS & ANSWERS > Project Management Chapter 9 Test Bank Questions, All Correct Answers with Explanations (Latest 2021 (All)

Project Management Chapter 9 Test Bank Questions, All Correct Answers with Explanations (Latest 2021) 100% Correct Study Guide, Download to Score A

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Project Management Chapter 9 Test Bank Questions, All Correct Answers with Explanations (Latest 2021) 100% Correct Study Guide, Download to Score A 1. The document that establishes the activities a ... nd criteria for planning, structuring and controlling the project costs is the project financial plan. 2. The cost management plan establishes the format and criteria for planning and controlling the project costs. 3. On small projects, the cost management plan may simply address the accuracy of estimating, the source of funding and cost reporting procedures. 4. Cost estimating is linked very closely with scope, schedule and resource planning. 5. Fixed costs remain constant over time, whereas variable costs may change directly as a function of time. [Show More]

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