____ Involves Developing an Approximation or Estimate of the Costs

question 71

Multiple Choice

____ involves developing an approximation or estimate of the costs of the resources needed to complete a project.

• A)Determining the budget
• B)Consolidation of costs
• C)Controlling costs
• D)Estimating costs

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Definitions:

Time

A continuous, irreversible sequence in which events occur from the past, through the present, and into the future.

Activities

Tasks, exercises, or actions performed by individuals, often for specific purposes such as leisure, learning, or physical health.

Reminiscing

The process of remembering previous events or experiences, frequently accompanied by feelings of nostalgia.

Residential Community

A specific geographic area where people live, often sharing certain amenities or governed by common regulations.