The Project Cost Management Knowledge Area Maps to Which Process

question 70

Multiple Choice

 The project cost management knowledge area maps to which process group through the activities of estimating costs and budget determination?

• A) initiating
• B) planning
• C) executing
• D) monitoring and controlling

---

Definitions:

Remittances

Money sent by migrants to their home country or region, usually to family members, contributing significantly to the economy of the recipient area.

Industrial Nations

Countries that have a developed industrial base and a significant level of economic activity in the manufacturing sector.

Developing Nations

Countries with a lower standard of living, underdeveloped industrial base, and lower Human Development Index relative to other countries.

Illegal Immigration

The act of residing in a country without the legal permission of its government.