Cost Management Question:

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A cost management plan contains a description of:

A. The project costs
B. How resources are allocated
C. The budgets and how they were calculated
D. The WBS level at which earned value will be calculated

Cost Management Interview Question
Cost Management Interview Question

Answer:

D. The WBS level at which earned value will be calculated

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Monitoring cost expended to date in order to detect variances from the plan occurs during:

A. The creation of the cost change management plan
B. Recommending corrective actions
C. Updating the cost baseline
D. Product performance reviews		The project manager is allocating overall cost estimates to individual activities to establish a baseline for measuring project performance. What process is this?

A. Cost Management
B. Estimate Costs
C. Determine Budget
D. Control Costs