Which process involves developing an approximation of the monetary resources needed to complete project activities?

Posted by: Pdfprep Category: CAPM Tags: , ,

Which process involves developing an approximation of the monetary resources needed to complete project activities?
A . Estimate Costs
B . Control Costs
C . Determine Budget
D . Plan Cost Management

Answer: A

Explanation:

Process: 7.2 Estimate Costs

Definition: The process of developing an approximation of the monetary resources needed to complete project activities.

Key Benefit: The key benefit of this process is that it determines the amount of cost required to complete project work.

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