Multiple Choice
The is the amount that was actually spent to achieve the work that was scheduled to be performed up to that point in time.
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
Q11: Historical data can be used as a
Q17: If you put off corrective actions until
Q19: It's crucial that cost variances and inefficiencies
Q28: When the budgets for all the work
Q39: The key to effective cost control is
Q43: Cost estimates should be unreasonable and excessive.
Q55: involves the following: analysing cost performance to
Q58: It's important that the person estimating the
Q61: The percentage complete estimate for a work
Q62: Equipment costs in the project costs estimate