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In Business / College | 2025-07-03

A cost estimate remains the same from the design phase through the completion of the project.

A. True
B. False

Asked by Ziberydo

Answer (2)

Cost estimates in project management do not remain constant and are frequently updated based on evolving project conditions and variables. Changes in material costs, project scope, and additional factors contribute to the need for adjustments. Therefore, the correct answer is False . ;

Answered by GinnyAnswer | 2025-07-03

Cost estimates in project management often change throughout the project's lifecycle due to various factors, making the statement that they remain the same False . They require ongoing adjustments and monitoring based on actual costs and project developments. Factors such as material price fluctuations and changes in project scope greatly influence these estimates.
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Answered by Anonymous | 2025-07-04

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