Multiple Choice
Projects often include indirect costs that are necessary to keep the organization running,but are not associated with one specific project.Which of the following items are most typically considered to be indirect costs?
A) costs associated with material and purchased parts
B) the cost of labor provided by project team members, consultants and subcontractors
C) executive salaries, utilities and insurance
D) travel cost for the project team
Correct Answer:

Verified
Correct Answer:
Verified
Q1: What type of cost is incurred when
Q2: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6636/.jpg" alt=" Figure 9-1 Time-phased
Q3: Activity based costing allocates overhead (indirect costs)to
Q4: The project scope does not come into
Q5: Both normal and special cause variation add
Q7: Fixed costs remain the same regardless of
Q8: On small projects,the cost management plan may
Q9: The process of developing an approximation of
Q10: Project managers should not lie to themselves
Q11: A contingency reserve is money assigned to