Which theme estimates the cost of delivering the project?
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A. B. C. D.C.
The theme that estimates the cost of delivering the project is the "Plans" theme.
The Plans theme is one of the seven themes in the PRINCE2 project management methodology. This theme focuses on developing a comprehensive set of plans that outline how the project will be delivered, monitored, and controlled. The plans theme includes a range of sub-processes and activities, including estimating costs, creating schedules, identifying and managing risks, and establishing quality control procedures.
Estimating costs is an essential part of the Plans theme. This process involves identifying all of the resources required to deliver the project, such as labor, materials, equipment, and any other expenses. The cost estimate should be as accurate as possible, based on historical data, expert judgment, and any other relevant information. This estimate is used to create the project budget, which is a key component of the overall project plan.
Once the cost estimate is completed, it is important to regularly monitor and control project costs throughout the project's life cycle. This ensures that the project remains on budget and that any cost overruns are identified and addressed as soon as possible.
In contrast, the Business Case theme focuses on justifying the investment in the project, considering the expected benefits, costs, and risks. The Change theme deals with managing change requests and assessing their impact on the project's objectives. The Progress theme focuses on monitoring and controlling the project's progress against the plan.
Therefore, among the given options, the Plans theme is the one that estimates the cost of delivering the project.