ITPEC IP October 2022 Question 56
ITPEC IP October 2022 — Question 56 of 100
Cost management estimates the added members' personnel expenses and updates the cost plan. Additional staff changes labor cost and may affect reserves and the cost baseline, so the financial impact must be calculated and controlled.
Answer (d)
Why not others:
- updating mailing lists is communications management
- arranging tool training is resource development or procurement
- assigning tasks and changing dates is schedule and resource management
Key rule: Project cost management plans, estimates, budgets, and controls the monetary impact of project resources and work.
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