Cost Management Question 20

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All of the following are components of cost management EXCEPT?

a) Vendor bid analysis
b) Analogous estimating
c) Earned value management
d) Estimate activity resources

[admin]

The correct answer is D.

Vendor bid analysis (choice A) and analogous estimating (choice B) are tools for Estimate Costs. Earned value management (choice C) is a part of performance measurement analysis in Control Costs. By the process of elimination, Estimate Activity Resources is the correct response. It is part of resource management.

Pass PMP in the First Attempt : PMP Strategy

Revise Cost Management Concepts: Project Cost Management

Quiz:
20 Questions Challenge
50 Questions Challenge

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