Which of the Following Is Not Normally Considered Part of the Value

question 87

Multiple Choice

Which of the following is not normally considered part of the value chain?

• A) Research and development
• B) Purchasing
• C) Administration
• D) Distribution

---

Definitions:

Cost Aggregation

The process of compiling and combining different cost elements within a project to understand total expenses or analyze specific aspects.

Cost Control

The process of planning and managing project costs to adhere to a budget.

Resource Planning

Involves determining what resources (time, manpower, equipment, etc.) are required to complete a project successfully.

Adjustment Factor

A multiplier used to alter or refine estimates, budgets, or values, accounting for unforeseen factors or conditions.