Which of the following are not part of the Simplified Cost Options?

The correct answer focuses on the concept that real costs are typically not included in simplified cost options, which are often used for project budgeting and efficiency. Simplified cost options are designed to streamline funding processes by relying on predefined cost structures rather than actual expenses incurred.

Flat rates, unit costs, and lump sums are all structured methods for calculating project costs within simplified frameworks. Flat rates provide a consistent cost for services or resources. Unit costs break down expenses based on measurable units of output or input, allowing for easier budgeting based on quantities. Lump sums deliver a fixed price for a project or a portion of a project, simplifying the financial arrangement.

In contrast, real costs reflect the actual expenditures that a project incurs, which can be variable and unpredictable. Incorporating real costs would add complexity to the financial management of a project, undermining the purpose of simplified cost options, which aim for efficiency and less administrative burden.