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You are in the process of controlling changes to the project cost baseline. What is the LEAST helpful tool/ technique?

A. Performance measurement analysis B. Forecasting, variance management C. Cost change control system D. Cost aggregation E. Project performance reviews

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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2019/01/02
MURAT MIDIK
by MURAT MIDIK , SAP Project Manager , Spectrum Consulting

Correct Answer is D.:Cost aggregation

z dawaliebi
by z dawaliebi , مدير مالي واداري , wataniah

I think Cost aggregating, through project management, using the tool of Control Estimates, will be the least, plus other choices available.

Oscar Jr Alisen
by Oscar Jr Alisen , Senior Accountant , OVERSEAS MARINE LOGISTICS LLC

D. Cost aggregation - all other choices are helpful tool/ technique in the process.

Arvind Kumar Yadav
by Arvind Kumar Yadav , Assistant Manager Technical , Aristocrat India pvt Ltd

D. Cost aggregation

ALI MOHAMED IBRAHEM BENHAYA
by ALI MOHAMED IBRAHEM BENHAYA , مدير مكتب البعد الرابع 4DD , FOURTH DIMENISION ENGINEERING & CONSTRUCTION

 THE ANSWER

D. Cost aggregation

alaa kamal
by alaa kamal , QUANTITY SURVEYOR ENGINEER , HAMAD AL-SAGHYIR COMPANY

D. Cost aggregation  ........

Muhammad Farooq
by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

D. Cost aggregation ------------------

Boumediene BENRAHAL
by Boumediene BENRAHAL , Enseignant economie energetique , ESE (Ecole supérieure d’Économie UNIVERSITÉ D'Oran

C COST CHANGE CONTROL SYSTEM

Muhammad Usman Khakwani
by Muhammad Usman Khakwani , Planning and Reporting Manager , Tunn3l Jv

The least one tool or technique for cost controller is (B.) Forecasting and Variance Management. Variance calculation provides knowledge of overspending of major KPI´s with respect to the cost baseline. Moreover, the forecasting allows management to know the impact on the overall project and initiate thoughts for the mitigation and recovery measurements. 

HARESH KUMAR DARJI
by HARESH KUMAR DARJI , Freelance Finance & Business Management , Upyog Technology Pvt Ltd

D. Cost Aggregation.....................

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