The ____ is the sum of the estimated costs of all the specific activities that make up a work package or the project.
A) total budgeted cost (TBC)
B) cumulative budgeted cost (CBC)
C) cumulative actual cost (CAC)
D) cumulative earned value (CEV)

Question

Quizplus · Accepted Answer

Total budgeted cost (TBC) represents the sum of all the estimated costs of specific activities that make up a work package or the project. It is calculated by adding up the budgeted costs of all the work packages and activities within the project scope.

The ____ Is the Sum of the Estimated Costs of All