considers the total cost of ownership, or development plus support costs, for a project

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            considers the total cost of ownership, or development plus support costs, for a project.

A. Learning Curve Theory

B. Life Cycle Costing

C. Parametric Modeling

D. Rate of performance

 

2)       Costs that can be directly related to producing the products and services of the project are called

A. Cost budgeting

B. Budget at completion

C. Direct costs

D. Earned value

 

3)        A time-phased budget that project managers use to measure and monitor cost performance.

A. Cost baseline

B. Cost budgeting

C. Cost estimating

D. Cost variance

 

4)        Costs that are not directly related to the products and services of the project, but are indirectly related to performing the project are called

A. Intangible costs

B. Sunk cost

C. Tangible cost

D. Indirect cost

 

5)        A document that describes how cost variances will be managed on the project is called

A. Analogous estimate

B. cost management plan

C. earned value management

D. estimate at completion