Project Cost Management

SKILLSET

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### Related Questions

- The method of estimating a component of work is called what?
- Scope baseline and ________________________ are inputs into the estimate costs process.
- What should be reviewed to consider risk response costs?
- The Triangular Distribution Beta Distribution depends on the inspection and calculation of the project that would be completed with a total likely cost of $108,000. An optimistic case supposition would be $90,000, and the framework means that costs could increase to $138,000. What would be the beta distribution for the cost supposition?
- Assumptions about costs of quality used to prepare the activity cost estimate are known as __________________.
- How project costs will be managed and controlled is defined as what?
- Team-based approaches such as brainstorming, Delphi, or nominal group techniques are called what?
- The relationship among all the components of the project and the project deliverables is displayed through what?
- Using the statistical relationship between historical data and other variables to calculate a cost estimate for project work is known as what?
- Which is NOT an input to estimate costs process?