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Your company is undergoing a change in ownership and the new owners are looking at the total cost of new product. Which of the following would BEST provide that information?
a) Estimate at completion
b) Life cycle cost
c) Earned value
d) Net present valueThe correct answer is B.
The life cycle cost will provide the picture of the total cost of the project. It includes project costs and operations and maintenance costs.
Pass PMP in the First Attempt : PMP Strategy
Revise Cost Management Concepts: Project Cost Management
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