Reasons why estimating time and cost are important include all of the following EXCEPT
A) to schedule work.
B) to determine how long the project should take and cost.
C) to develop cash flow needs.
D) to determine how well the project is progressing.
E) to help establish a project selection process.

Question

Quizplus · Accepted Answer

Estimating time and cost are crucial for planning, scheduling, and monitoring a project's progress (A, B, C, D), but they are not directly used to establish a project selection process (E). The selection process typically involves evaluating the potential value, impact, and feasibility of a project before it begins, rather than the detailed time and cost estimates which are more relevant once the project has been selected and is in the planning or execution phases.

Reasons Why Estimating Time and Cost Are Important Include All