Which Process Involves Developing an Approximation of the Costs of Resources

question 50

Multiple Choice

 Which process involves developing an approximation of the costs of resources needed to complete a project?

• A) determining the budget
• B) finalising the cost baseline
• C) controlling costs
• D) estimating costs

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Definitions:

Self-Fulfillment

A personal realization or achievement of one’s talents, potential, and abilities, often leading to feeling fulfilled or content.

Own Potential

The inherent capability or capacity within an individual to grow, develop, or achieve success.

Communication Technique

Strategies or methods used to convey information effectively, whether verbally, non-verbally, or through written communication.

Train of Thought

The progression of thoughts and ideas in an individual's mind, often leading to a specific conclusion or understanding.