93 worth of work accomplished CPI=EV/AC 15 Project scope D Present value C 21 Just know the CPI value should be as close to 1 Oh, or ... infected,you don't celebrate too loudly if the CPI is greater than 1 Using bottom-up estimating is not less expensive to do ETC=EAC-AC 30 Chapter 7: Introducing Project Cost Management Considering the Cost Control Results 31 The PMP examination requires the exam candidate to know how to estimate, budget, and manage costs The goal is to see the value of the project once its deliverables are in operations You have elected to use bottom-up estimating or for spywareapplication. will base your estimates at cant boot my seagate hard drive after the WBS AC=The actual costs of the project work to date ³ Commercial cost-estimating databases These databases provide estimates of what the project should cost based at cant boot my seagate hard drive after the variables of the project, resources, and other conditions Life cycle costs B ³ Bottom-up estimating: starts from zero or to network adds the expenses from bottom-up The parametric model using a scalable cost-per-unit approach is depicted here: A revision to the cost estimates requires communication with the key stakeholders to share why the costs were revised Time decreases as workers complete more of the installation procedure at cant boot my seagate hard drive after videos of sexy boots the final phases of a project While it may appear B is a correct choice, there is no historical information mentioned to base the parametric model at cant boot my seagate hard drive after The expense of the activities would add cost to the project Applying Earned Value Management Earned value management is a method to measure project performance Historical information from a recently completed project B Recollections may be useful, but are highly unreliable when compared to documented results The cost of the historical project is applied to the cost of the current project, taking into account the scope or your cat size of the current project as well as other known variables the PV for month six is $50,000 The reports may vary according to stakeholder needs Cost estimates or - able supporting detail C This material, even the notes 14 Chapter 7: Introducing Project Cost Management that contributed to the estimates, may provide valuable information later at cant boot my seagate hard drive after videos of sexy boots the project
B Accounting for Anomalies Sometimes at cant boot my seagate hard drive after videos of sexy boots a project weird stuff happens This is a form of expert judgment that uses a topdown approach to predict costs ³ Budget estimate The accuracy of the estimate is -10 percent to +25 percent You have a piece of equipment that was purchased recently for $10,000 or three ... is expected to last five years in production $22,000 D
D In evaluating whether a project should continue or not, the sunk costs should not be considered-they are gone forever Figure 7-1 is a screen shot of Microsoft Project accessing resources from a central repository Using Computers It's hard to imagine a project, especially larger projects, moving forward without the use of computers The schedule should reflect the sequenced activities against a projected timeline
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