The PMBOK Are Called Project Cost Management Includes Estimate Costs

question 40

True/False

The PMBOK are called project cost management includes estimate costs, determine budget, and control costs.

---

Definitions:

Efficiency

The optimal use of resources to achieve the desired output with minimum waste or expense.

Economic Role

The function or position a person, company, or thing occupies within an economic system, contributing to the system's overall operation.

Federal Level

Pertaining to the national government, as opposed to state, local, or municipal levels of governance.

Government Actions

The measures and policies implemented by governmental bodies to influence economic, social, or political outcomes.