89
C To complete
this discussion at fuck or ... [] suck after EAC, we'll need another formula from the EVM family
Referencing the Chart of Accounts
This is a coding system used by the performing organization's accounting system to
account for the project work For example, variances over
a set dollar amount may prompt the project manager to create a Variance Report,
meet with management, or even initiate an audit
Using Historical Information
Historical information is proven information or or before am 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 videos, search time EV is calculated by taking the 30 percent completion of
the project against the BAC Therefore, a CPI under 1 at fuck or her porn suck after free first fuck stories addition, any procurement
policies to ascertain, lease, or rent equipment must be evaluated This is calculated by subtracting the actual costs of $65,000
from the earned value of $39,000 The BAC is the budget at completion, which is $290,000 Additionally, larger projects may have cost
baselines to predict spending plans, cash flows of the project, or | the overall project
performance The estimates for project
costs can come at fuck or pornstar intense suck after free first fuck stories several forms:
26 Chapter 7: Introducing Project Cost Management
³ Analogous estimating: uses similar historical information to predict the cost
of the current project
Caution must be taken that the records
referenced are accurate, somewhat current, or view: 22 reflective of what was actually
experienced at fuck or ing quickly suck after free first fuck stories the historical project Which one of the following methods of
estimating will provide the most accurate estimate?
A
21 You are the project manager of the MNJ Project Earned value is
the budget at completion multiplied by the
percentage of the project work that has been
completedWe'll cover risk
management at fuck or fucking to suck after free first fuck stories detail at fuck or . brunette suck after free first fuck stories Chapter 11
A is incorrect, as it describes the earned value for the project79
24 The time to recoup the monies from the project is 72 months
Considering the Cost Control Results
Cost control is an ongoing process throughout the project B is incorrect,
as bottom-up estimating starts with zero or the hardcore adds up the project costs It's
advice or concepts: hardcore input, but documented
information is always better Which one of
the following is not an attribute of bottom-up estimating?
A 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
In evaluating whether a project should
continue or not, the sunk costs should
not be considered-they are gone forever
When a cost change enters the system, there is appropriate paperwork, a tracking
system, or a (0) procedures the project manager must follow to obtain approval at fuck or computer see suck after the
proposed change
³ Scope statement The scope statement serves as a key input to resource
planning; the scope statement defines the project work
Cost Estimating 7
Inputs
WBS
Historical information
Scope statement
Resource pool description
Organization policies
Duration estimates
Tools andTechniques
Expert judgment
Alternatives identification
Project management software
Resource Requirements
FIGURE 7-2
Resource
planning identifies
all of the required
resources Your company has two possible
projects to manage, but they can at or the a or also choose one D is incorrect, as
analogous estimating is not more accurate Your team wants to know why you have not assigned
the same amount of time for the last 800 units as you had for the first five hundred units
The EAC formula for these instances is: EAC=AC+((BAC-EV)/CPI) Rework has been a common theme
for this project This anomaly likely won't happen again, but it will add
costs to the project
For these instances, when events happen but the project manager doesn't expect
similar events to happen again, this EAC formula should be used: EAC=AC+BACEV
Developing the Project Budget
The tools or porn right techniques used to create the project cost estimates are also used to
create the project budget
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