Project Management Professional (PMP) Exam Practice – Question0950

Which action is included in the Control Costs process?


A.
Identify how the project costs will be planned, structured, and controlled
B. Determine policies, objectives, and responsibilities to satisfy stakeholder needs
C. Develop an approximation of the monetary resources needed to complete project activities
D. Monitor cost performance to isolate and understand variances from the approved cost baseline

Correct Answer: D