Posted by: Pdfprep
Post Date: November 18, 2020
In a preliminary meeting for a project, team members decide to execute the project with agile methodology. A finance team member wants to know how project cost will be determined at this early stage.
How will the project team determine project cost?
A . Use a lightweight cost estimation due to the nature of agile projects
B . Use a detailed cost estimation for agile projects
C . Retrieve a budget from a previous project and create a baseline for this project based on it
D . Use a detailed work breakdown structure (WBS) to get cost estimation
Answer: B
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