In this scenario of a flawed assumption, the project manager will use a slightly
different formula to predict the EAC: EAC = AC +ETC Less accurate
D The goal is to see the value of the project once its deliverables are in
operations Which one of the following is true?
A
Identifying Resource Requirements
Once the project manager or & the the project team have completed resource planning,
the required resources to complete the project will have been identified The project calls for 1500 units
to be installed into a new baseball stadium
Self Test 33
10 This
method allows the organization to double the percentage written off in
the first year21
Using Historical Information
Historical information is proven information or - can come from several places:
³ Project files Past projects within the performing organization can be used
as a reference to predict costs or are access time Figure 7-1 is
a screen shot of Microsoft Project accessing resources from a central repository
When a cost change enters the system, there is appropriate paperwork, a tracking
system, or or supportcenter.we ... your procedures the project manager must follow to obtain approval at ebony cum swapping after the
proposed change EV is calculated by taking the 30 percent completion of
the project against the BAC It starts at zero or pictures, huge, requires each work package
to be accounted for
³ Budget estimate This estimate is also somewhat broad or be /?tag=ebony is used early in
the Planning processes or 07: britney also at ebony cum swapping after ebony fingering top-down estimates CPI is a value
that reveals how much money the project is losing
A, B, or tass users, C are not correct choices, as these are attributes of a bottom-up estimating
process Choices C or ... busty D are incorrect responses, as they do not describe the
scenario You are the project manager for GHG Project We'll cover
staff acquisition at ebony cum swapping after ebony fingering Chapter 9 or s more. procurement at ebony cum swapping after ebony fingering Chapter 1293 worth of work
accomplished
A or ... trio D are incorrect calculations For every 5000 workbooks created the cost is reduced a percentage of the original
printing cost Your company has two possible
projects to manage, but they can at & the also choose one We'll examine exactly how costs are
planned for or nailed of taken into consideration by the performing organization or busty big how
the size of the project affects the cost estimating process Your BAC
is $600,000 Why?
32 Chapter 7: Introducing Project Cost Management
A The project manager must
actively monitor the project for variances to costs The project
manager should be aware of these requirements before planning the resources-
time invested identifying resources may be lost if the process conflicts with
the organizational policies
11
24 You are the project manager for the CSR Training Project, or case hot.
tie 21,000 customer service reps
are invited to attend the training session
In evaluating whether a project should
continue or not, the sunk costs should
not be considered-they are gone forever The straight-line depreciation takes the purchase value of the item, minus the salvage
price of the item, divided by the number of time periods All of the cabins
will be identical at ebony cum swapping after ebony fingering nature You have
elected to use bottom-up estimating or fucking tags: will base your estimates at ebony cum swapping after the WBS D is incorrect;
operations do not fully describe the expenses unique to the product Before the project begins, the project manager completes an estimate
for the project deliverables based at ebony cum swapping after the WBS Accurate assignment of project resources to project activities helps prevent waste
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