The cumulative budgeted cost is
A) the aggregate estimated costs of all the activities.
B) the amount budgeted to accomplish the work scheduled to a point in time in the project.
C) the committed costs for an activity.
D) the sum of all the funds expended to a point in time in the project.

Question

Quizplus · Accepted Answer

The cumulative budgeted cost refers to the amount of money budgeted to complete the work scheduled up to a point in time in the project. It is not the aggregate estimated costs of all activities (A), the committed costs for an activity (C), or the sum of all funds expended (D).

The Cumulative Budgeted Cost Is