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PMI-SP - Change Control and Schedule Updates - Risk Management in Schedule Changes
Intermediate
1/5
When evaluating Actual Cost (AC) data in a multi-phase project, what represents the most accurate tracking method for real-time labor expenses?
a.
Monitoring labor expenses through periodic manual entries from team supervisors
b.
Aggregating all labor expenses at predetermined intervals during project execution periods
c.
Calculating labor costs using standard hourly rates multiplied by estimated work durations
d.
Recording labor costs based on payroll system entries as they are processed
Intermediate