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65Which of the following is referred to as sunk cost: A.management reserve B.contingency f

65 Which of the following is referred to as sunk cost:

A. management reserve

B. contingency fund

C. cost budgeted for construction under water

D. expended funds over which there is no further control

E. forecasted budget over-runs

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101It is argumentative whether project managers actually control costs. Which of the follo

101 It is argumentative whether project managers actually control costs. Which of the following is the most common element over which the project manager may have some degree of control?

A. Direct labor dollars

B. Direct labor hours.

C. Overhead rates.

D. Procurement costs.

E. None of the above

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