Answered: The intersection of work packages and…

The intersection of work packages and the organizational unit creates a project control point (cost account) that integrates work and responsibility.

Information Technology Project Management

9th Edition

ISBN:9781337101356

Author:Kathy Schwalbe

Publisher:Kathy Schwalbe

Chapter2: The Project Management And Information Technology Context

Section: Chapter Questions

Problem 4QQ

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Concept explainers

Software cost estimation

In software engineering, cost estimation defines the calculation of the amount spent on software development and testing. This includes maintenance, managing, buying equipment, user requirement reviews, software, training, and servers. Many methods are developed to estimate the software project cost. Software cost estimation has a major impact on planning and managing a project. The software cost estimation has three estimates like project duration(time), effort(person-month), and cost(dollars).

Question

True or false

The intersection of work packages and the
organizational unit creates a project control
point (cost account) that integrates work and
responsibility.

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