A contract manager is reconciling project invoices and needs to charge work performed by an outside contractor to a general ledger. Which of the following would be the BEST project document to…

The correct answer is A. Cost management plan. A cost management plan is a document that helps you map and control a budget. It enables project managers to estimate their costs, allocate resources to the right areas, and control overall spending. Cost management plans keep all project costs in one place, including direct and

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Question

A contract manager is reconciling project invoices and needs to charge work performed by an outside contractor to a general ledger. Which of the following would be the BEST project document to reference for this information?

Options

ACost management plan
BWBS dictionary
CStatement of work
DVendor selection matrix

How the community answered

(45 responses)

A
73% (33)
B
4% (2)
C
13% (6)
D
9% (4)

Explanation

A cost management plan is a document that helps you map and control a budget. It enables project managers to estimate their costs, allocate resources to the right areas, and control overall spending. Cost management plans keep all project costs in one place, including direct and

Topics

#cost management plan#project invoicing#financial tracking#general ledger

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