Project Cost Management
A) focuses on coordinating the project plan's development, execution, and control of changes.
B) includes identifying the project phases and activities and estimating, sequencing, and assigning resources.
C) focuses on planning, developing, and managing the quality environment allowing the project to meet or exceed stakeholder expectations.
D) assures that the project budget is developed and completed as approved.
E) is concerned with acquiring project resources that are outside the organization.

Question

Quizplus · Accepted Answer

Project Cost Management focuses on the processes involved in planning, estimating, budgeting, financing, funding, managing, and controlling costs so that the project can be completed within the approved budget. This includes developing, monitoring, and controlling the budget to ensure that it aligns with the project plan and meets the stakeholders' needs.