Cost Management Question: Download Cost Management PDF

Project setup costs are an example of:

A. Variable costs
B. Fixed costs
C. Overhead costs
D. Opportunity costs

B. Fixed costs

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During which project management process group are budget forecasts created? A. Monitoring and controlling B. Planning C. Initiating D. Executing	Value analysis is performed to get: A. More value from the cost analysis B. Management to buy into the project C. The team to buy into the project D. A less costly way of doing the same work