Question: Julia is working on creating the project budget. She is considering the activity costs, work package costs and control account costs to create the project

Julia is working on creating the project budget. She is considering the activity costs, work package costs and control account costs to create the project budget. To create a budget, activity costs are rolled up into work package costs. Then work package costs are rolled up into control account costs, and then final project costs. Julia is rolling up costs from the work package level to the control account level which is called?

A. Cost estimation.

B. Cost aggregation.

C. Forecasting.

D. Cost performance index.

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 Project Managers Questions!