Once a Total Budgeted Cost Has Been Established for Each

question 57

Multiple Choice

Once a total budgeted cost has been established for each work package, the second step in the project budgeting process is to

• A) assign each TBC at the start of its work package.
• B) assign each TBC at the end of its work package.
• C) distribute each TBC over the project by dividing the total by the number of work packages and assigning that amount to each.
• D) distribute each TBC over the duration of its work package.

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Definitions:

Decentralized

A system where decision-making powers are distributed among various levels or locations rather than being concentrated in a central authority.

Acceptable Behaviors

Actions or conduct considered appropriate or satisfactory within a social or work context.

Formal Statements

Official, explicit expressions or declarations, often written, regarding an organization's policies, objectives, or positions on issues.

Unacceptable Behaviors

Actions or conduct deemed inappropriate, offensive, or outside of agreed norms and values within a specific context.