Multiple Choice
The ____ is the product of the percent complete and 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)
Correct Answer:

Verified
Correct Answer:
Verified
Q53: The percent complete estimate for a work
Q54: The _ is the amount that was
Q55: The budget for each work package is<br>A)
Q56: The cumulative earned value of the project
Q57: Once a total budgeted cost has been
Q59: Facilities costs in the project costs estimate
Q60: What is the cost performance index for
Q61: The _ for the entire project or
Q62: At the beginning of the project, it
Q63: The two-step process for budgeting is<br>A) estimate