The process of subtotaling costs by category or activity is called _____.
A) parametric estimating
B) reserve analysis
C) alignment process
D) cost aggregation
E) reconciliation

Question

Quizplus · Accepted Answer

The process of subtotaling costs by category or activity is called cost aggregation. Parametric estimating involves using statistical data to estimate costs. Reserve analysis is the process of continually updating and evaluating the contingency reserve for a project. Alignment process refers to the effort to ensure all team members are working towards the same goal. Reconciliation is the process of comparing different sets of financial data to ensure accuracy.

The Process of Subtotaling Costs by Category or Activity Is