Direct and indirect cost

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suresi00
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Direct and indirect cost

Postby suresi00 Thu Dec 07, 2017 4:34 pm

Martin, project manager is in planning phase for his project. Team is estimating cost for project. What is true?

Estimate cost should always include all direct costs and indirect costs

Estimate cost should include all direct and/or indirect costs based on what Steering Group approves and should be documented

Estimate cost should include direct and indirect cost or either of them based and assumption made should be documented

Estimate cost should include direct and indirect cost or either of them as described in project charter


I agree that direct cost is a must ( as we have seen in CPFF etc.) is a must for any project budgeting. Indirect cost depends on who a organization take care of that . So those assumptions will be in the CMP.

Manish sir,

Then the answer should be " Estimate cost should include direct and indirect cost or either of them based and assumption made should be documented" here either of them doesn't make sense to me as direct cost is must in budgeting.

Can you please clarify this .
manishpn
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Re: Direct and indirect cost

Postby manishpn Thu Dec 07, 2017 7:23 pm

yes agree what is this source?

You are refering to some mocks which I am not sure is of required quality
Br,
Manish P
PMP, PMI - ACP, SAFe Agilist
http://www.izenbridge.com/blog/7-effect ... ification/
suresi00
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Re: Direct and indirect cost

Postby suresi00 Thu Dec 07, 2017 7:25 pm

It is Izenbridge Mock question ( Mock 1)
manishpn
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Re: Direct and indirect cost

Postby manishpn Sat Dec 09, 2017 9:16 am

thanks will ask Admin to look into it
Br,
Manish P
PMP, PMI - ACP, SAFe Agilist
http://www.izenbridge.com/blog/7-effect ... ification/

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