There are many causes of variation in project costs.Which of the following accurately describes the nature of this variation?
A) Variation is generally greater on projects that use well-known technology and an experienced project team.
B) Variation occurs in all work processes and the novelty associated with most projects creates many opportunities for variation.
C) Special cause variation comes from many small causes that are inherent in a work process.
D) Normal cause variation is when something out of the ordinary occurs
Correct Answer:
Verified
Q18: Fixed costs remain the same regardless of
Q19: The project scope does not come into
Q20: Inflating the value of future revenue and
Q21: The _is the approved budget,usually in a
Q22: The process of developing an approximation of
Q24: The documentation of a project cost estimate
Q25: Which estimating technique uses a statistical relationship
Q26: Value engineering is aimed at increasing the
Q27: Projects often include indirect costs that are
Q28: Which estimating technique decomposes the work into
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