PMP Exam Simulator
3h 50m 0s
Cost Management
You are a project manager for the billboard and digital screens company and you are overseeing a large project to install an iconic LED display on one of the buildings on Times Square, New York. The project will require special equipment that the company does not possess. You have had a meeting with a rental company representative and negotiated the terms for the rent of this equipment. The rental company will supply this equipment for $5,000 a month for the duration of the project. This is an example of: