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Susan, a project manager, uses a work breakdown structure to list the elemental

ID: 1713123 • Letter: S

Question

Susan, a project manager, uses a work breakdown structure to list the elemental tasks of a project. She then asks the team members responsible for each of these tasks to give her an estimate of the cost required to accomplish each task. Next, she adds indirect costs such as administrative costs and a reserve for contingencies to the total task cost and files her budget with the accounting department. In this scenario, Susan is using Oa. top-down budgeting O b.bottom-up budgeting ° c. Lateral budgeting d.agile project budgeting

Explanation / Answer

It is bottom-up budgeting as you are starting with a plan of events to do, and then cost it up to get total budget.