The estimated activity resources will also be used later for estimating activity costs and determining the project budget.

Question

Quizplus · Accepted Answer

The estimated activity resources are a key input for the process of Estimate Activity Costs, which is part of the Cost Management knowledge area. The activity resource requirements will be used to determine the cost of each activity, which in turn will be used to determine the total project budget. Therefore, the accuracy of the estimated activity resources is important for determining the project budget.

The Estimated Activity Resources Will Also Be Used Later for Estimating