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Which of the Life-Cycle Viewpoints Is the Cost-Oriented Viewpoint

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Which of the life-cycle viewpoints is the cost-oriented viewpoint?


Definitions:

CPM Network

A project management tool that uses critical path method (CPM) to model tasks and activities in a project, showing the sequence and duration of each.

Project Cost

The total expenses incurred in the undertaking of a project including materials, labor, equipment, and overhead costs.

Crash Cost

Crash Cost relates to the increased costs associated with speeding up a project's timeline, beyond the standard pace, to achieve an earlier completion.

Normal Duration

The standard or expected time period something takes to complete under typical circumstances.

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