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Cost Budgeting is defined as?

A. The estimated total cost of the project when done

B. Allocating the cost estimates to the individual work items

C. Estimating the cost of the resources needed to complete project activities

D. The sum of the approved cost estimate

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Question ajoutée par Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date de publication: 2016/09/12
jacob praveen raj s
par jacob praveen raj s , Sr. Site Engineer , Petron emirates contracting & manufacturing co LLC

A. The estimated total cost of the project

Duminda Wijesiri
par Duminda Wijesiri , Project Quantity Surveyor , China Railway No.5 Engineering Group Co., Ltd

C. Estimating the cost of the resources needed to complete project activiti

Md Fazlur Rahman
par Md Fazlur Rahman , Procurement Specialist , Engineering and Planning Consultants Ltd

The explanation given for cost are very closer. However, the item D. gives a clear picture as it is the estimate that has been approved.

Muhammad Farooq
par Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

B. Allocating the cost estimates to the individual work items

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