Question: There are usually changes to cost in a project. When they are approved, what process do they fall into: a. Cost management b. Estimate costs

There are usually changes to cost in a project. When they are approved, what process do they fall into:

a. Cost management

b. Estimate costs

c. Control costs

d. Plan costs

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 General Management Questions!

Q:

This is the MOST important task within the "Project Cost Management" activities. Determine Budget Plan Cost Management Estimate Costs Control Costs Determine Costs Control Estimate Control Budget

Q:

Fig 1.1 Note: Dear read my question carefully and answer it correct and completely. Please do not provide me copy paste answer. Thank you. area There are o Subject: Project Management and 5 10...

Q:

Meeting Minutes Location : zoom Meetings Date: 21/06/2024 Time: 12: 30 -1:30 PM Facilitator: Jennifer Osuji Agenda items- 1. Review of assignments and tasks 2. Compiling of data Resource Allocation...

Q:

Only explain execution and closing process groups with respect to knowledge areas. Assignment There are 10 knowledge areas and 5 process groups. Briefly explain the ex ecuting and closing process...

Q:

subject is project management plz write detail and accurate answer Assignment There are 10 knowledge areas and 5 process groups. Briefly explain the executing and closing process group with respect...

Q:

Assignment There are 10 knowledge areas and 5 process groups. Briefly explain the executing and closing process group with respect to knowledge areas (Fig 1.1 is for your reference, this shows the...

Q:

In the role of consultant, you have been hired to determine how aligned is the Cornell Project Management Methodology with the PMBOK. You are going to determine how complete the Cornell PMM is as...

Q:

Southwest Bankers, Inc. (not it's real name) through its subsidiaries, provides financing for industrial and commercial properties, for interim construction related to industrial and commercial...

Q:

Need homework help 1.Common principles for Project Initiation include all of the following EXCEPT: Select one: a. Invest in creativity b. Communicate frequently **c. Clarify the problem before...

Q:

Create a schedule using the following deliverables and tasks, using 3-5 resources, assuming the project duration of 2-3 months and project start of February 1, 2023. Make assumptions regarding the...

Q:

As of June 30, 2015 (the computation date for the 2016 tax rate), Amanda Company had a negative balance of $1,015 in its unemployment reserve account in State A. The company's average payroll over...

Q:

Find Io in the network in figure using super position. 6 kn ww 6 kn 6 kn w- 6v(+ 6 kN 5 mA 1. (1+)

Q:

Qu es el Costo de capital "TMAR"? a. Es la tasa mnima aceptable de rendimiento, se determina como un porcentaje ponderado de las fuentes de inversin que puede tener el proyecto (personas propias,...

Q:

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...