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CITM-001 · Question #55

Which type of cost is considered as actual costs of analysis, design, and installation for the system?

The correct answer is D. Development cost. Development cost is the type of cost that is considered as actual costs of analysis, design, and installation for the system. Development cost includes the expenses incurred during the planning, designing, building, testing, and deploying of a system. Development cost is…

IT Project Management

Question

Which type of cost is considered as actual costs of analysis, design, and installation for the system?

Options

  • AService cost
  • BMaintenance cost
  • COperating cost
  • DDevelopment cost

How the community answered

(35 responses)
  • A
    3% (1)
  • B
    6% (2)
  • D
    91% (32)

Explanation

Development cost is the type of cost that is considered as actual costs of analysis, design, and installation for the system. Development cost includes the expenses incurred during the planning, designing, building, testing, and deploying of a system. Development cost is usually estimated before the start of a project and is used to measure the feasibility and profitability of a system. Development cost is also used to monitor the progress and performance of a project and to control the scope and quality of a system.

Topics

#development cost#system costs#cost classification#SDLC

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