The ____ is the amount that is budgeted to accomplish the work that was scheduled to be performed up to a certain point in time
A) total budgeted cost
B) cumulative budgeted cost
C) total cumulative fees
D) contract cumulating amount

Question

Quizplus · Accepted Answer

Cumulative budgeted cost represents the amount that was planned to be spent on the project up to a particular time. It includes all the costs incurred up to the present time. Option A, total budgeted cost, refers to the total amount that is planned to be spent on the project from beginning to end. Option C, total cumulative fees, is not a commonly used term in project management, and option D, contract cumulating amount, is not a recognized term.

The ____ Is the Amount That Is Budgeted to Accomplish