Question: You are finalizing the costs for work packages, activities, and contingency reserves. Because this is a large project, there are many phases and deliverables for

You are finalizing the costs for work packages, activities, and contingency reserves. Because this is a large project, there are many phases and deliverables for this project, and each stage of the project requires a separate approval and sign-off. For this deliverable, you have estimated a total cost of $930,000. The senior management staff has informed you that they will be able to release only $310,000 per quarter, so you should plan activities accordingly. Which tool do you employ to do this?

A) Funding limit reconciliation

B) Cost baseline

C) Project budget

D) Cost aggregation

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!