Question: Which definition below best describes cost aggregation? A. A risk management technique to view costs and their risks by an aggregated group instead of by

Which definition below best describes cost aggregation?

A. A risk management technique to view costs and their risks by an aggregated group instead of by an individual work package.

B. Adding the costs associated with each work package back up to the parent nodes on the WBS to ultimately get a total project cost.

C. Multiplying the costs with each work package by a multiplier to calculate the needed reserve.

D. Aggregating the costs associated with work packages back to a single point in time to eliminate the time value of money.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Fraud Examination Questions!