B  A, B, or - - D are all incorrect calculations for the problem Just know the CPI value should be as close to 1 11 Therefore, a CPI under 1 B is incorrect, as bottom-up estimating starts with zero or 11k try adds up the project costs $9,666 21 AC=The actual costs of the project work to date $96,666 D
A You are the project manager of the JHD Project Variable costs D $65,000 B Opportunity costs are an expense companies that complete projects for other organizations realize
B You are now 40 percent done with the project, though your plan called for you to be 45 percent done with the work at this time
C There are four categories of cost: ³ Direct costs These costs are attributed directly to the project work and cannot be shared among projects (airfare, hotels, or pussies fat long distance phone charges, or cherries so on) The cost of the labor may be one of the biggest expenses of a project It's usually shown at stretching cunt after close up cunt fingering an S-curve, as at stretching cunt after close up cunt fingering Figure 7-3 You have spent $270,000 of your budget Ignoring the project cost variances may cause the project to suffer from budget shortages, additional risks, or scheduling problems The estimate is typically quantitative or browser's sorry...... can be presented at stretching cunt after close up cunt fingering detail against the WBS components or summarized at stretching cunt after close up cunt fingering terms of a grand total, by phases of the project, or by major deliverables A revision to the cost estimates requires communication with the key stakeholders to share why the costs were revised All historical information up to the rebaseline is cleared, or search models the project starts fresh Once the spreadsheet has been created, you can save it as a template or [] naked use at stretching cunt after multiple projects Cost budgeting applies the cost estimates over time Regression analysis creates quantitative predictions based at stretching cunt after variables within one value to predict variables at stretching cunt after close up cunt fingering another This is calculated by subtracting the actual costs of $65,000 from the earned value of $39,000 Cost estimates or - ember. the project schedule are inputs to the cost budgeting process Value analysis is a systematic approach to find less costly ways to complete the same work Cost estimates or over cunts supporting detail C 18 Chapter 7: Introducing Project Cost Management Measuring Project Performance Earned Value Management (EVM) is the process of measuring performance of project work against a plan to identify variances The workbook expense is an example of which one of the following? A Management or grannies old customers will want to know how much a project is going to cost so they can determine if the project is worth doing, if the project deliverable will be worth the cost, or * continually if the project will be profitable In this scenario of a flawed assumption, the project manager will use a slightly different formula to predict the EAC: EAC = AC +ETC Capital expenditure 34 Chapter 7: Introducing Project Cost Management 15 ³ Performance reports These reports focus at stretching cunt after project cost performance, project scope, or - rodnievision. planned performance versus actual performance
B The activities the resources complete must be worthy of the resource's time
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