Cost Management,one of the Ten PMBOK Guide Knowledge Areas,includes the Processes

question 23

True/False

Cost Management,one of the ten PMBOK Guide Knowledge Areas,includes the processes involved in planning,estimating,budgeting,financing,funding,managing and controlling costs so that the project can be completed within the approved budget.

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Definitions:

Extinction Strategies

Refers to techniques in behavior management that involve eliminating reinforcement for undesired behaviors, leading to their reduction or elimination over time.

Undesirable Behaviours

Undesirable behaviours are actions or reactions that are not in alignment with expected social, professional, or organizational standards.

Reinforcement Strategy

Techniques used to guide behavior by reinforcing desired actions and discouraging undesired ones through rewards or penalties.

Operant Conditioning

A method of instruction where the potency of a conduct is adjusted by means of incentives or disciplinary measures.