A preliminary or rough cost estimate is developed in the ____ phase,and an overview of the work involved is created.
A)implementation
B)development
C)concept
D)close-out

Question

Quizplus · Accepted Answer

The preliminary or rough cost estimate is developed in the concept phase, which is the initial phase of a project where an overview of the work involved is created. This estimation helps in deciding whether to proceed with the project or not. The implementation phase is where the actual work of the project is executed, the development phase is where the project is designed, and the close-out phase is where the project is completed and evaluated.

A Preliminary or Rough Cost Estimate Is Developed in the ____