PMP Exam Simulator
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PMP exam lasts 230min and has 180 questions
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Cost Management
The project manager is overseeing the project to design and manufacture an expandable bamboo bathtub tray. The team has completed design work: the tray will include a cupholder for a mug of tea or a glass of wine, a place to hold a book or tablet and a groove to fit a cell phone. The team has received approval from the engineering team and initiated the manufacturing process. The management is asking what would be the forecast cost of the project. How will the project manager calculate it?