On small projects,the cost management plan may be as simple as ensuring accurate estimates are made,securing the funding,and developing cost reporting procedures to ensure that the money is spent correctly.

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Quizplus · Accepted Answer

This statement is true. On small projects, the cost management plan may not be as complex as it would be on larger projects, but it is still important to ensure accurate estimates, secure funding, and establish cost reporting procedures to ensure proper spending.

On Small Projects,the Cost Management Plan May Be as Simple