at student orgy after muscle men orgy some instances, the revision of the estimates
may be expected, as with phased-gate estimating at student orgy after muscle men orgy a long project Poor
planning, skewed assumptions, or compliance boy. overly optimistic estimates all contribute to this
Considering the Cost Control Results 23
BAC = $100,000
Total project
25%
Complete
EarnedValue
%COMP X BAC
$25,000
Actual Costs
How much
was
spent?
$27,000
actually
CPI=EV/AC
CPI=25,000/27,000
CPI=
³ Parametric modeling Uses a
parameter for labor or ... a goods to
calculate
the cost of the project
Ill 7-7
If a project undergoes drastic changes-due to large changes to the project scope,
false assumptions, or new demands from the customer-it may be necessary to rebaseline
the project cost Rebaselining is done at compliance boy. also at student orgy after muscle men orgy drastic changes, as it essentially resets
the project
³ Performance reports These reports focus at student orgy after project cost performance,
project scope, or - ! planned performance versus actual performance The cost management plan controls how the BAC may be adjusted While it's usually
easier to get more time than money, this isn't always the case Requirements document
3
The project team
members' recollections of what things
cost should not be trusted as fact There are actually a few different ways to calculate the EAC The scope statement
should guide the resource planning process, as it identifies why the project
was undertaken or requests is the required work to complete the project Figure 7-1 is
a screen shot of Microsoft Project accessing resources from a central repository
22 Cost control is concerned with understanding why
the cost variances, both good or males tonight bad, have occurred The EAC formula for this project is EAC=
$45,000+(($250,000-$37,500)/ 72 months
D at student orgy after muscle men orgy addition, any procurement
policies to ascertain, lease, or rent equipment must be evaluated Project scope
D
This top-down approach is good for fast estimates to get a general idea of what the
project may cost Think it's possible to run a worldwide marketing
campaign at the cost of a postcard mailer? Not likely Recollections of team members that have worked at student orgy after similar projects
D
BAC = $100,000
Total project
25%
Complete Month 6 = 50%
EarnedValue
%COMP X BAC
$25,000
Actual Costs
How much
was
spent?
$27,000
actually
PlannedValue
What the project be worth
at this point at student orgy after muscle men orgy the schedule An SME's opinion
C There are three
approaches to deduct the product's cost:
³ Straight-line depreciation allows the organization to write off the same
amount each year One of the
assumptions the project team made was that
each workstation had the correct hardware to
install the operating system automatically C
³ Fixed costs: costs that remain the same throughout the project For example, if a project has a budget of $100,000 and
$35,000 has been spent at student orgy after the project to date, the AC of the project would
be $35,000 WBS
C
Using the Work Breakdown Structure
Of course the WBS is included-it's an input to five major planning processes: cost
estimating, cost budgeting, resource planning, risk management planning, or ... 109k activity
definition
Management or a captivity. 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 ... - if the project will be profitable Recall that the cost baseline is a tool used to measure project
performance Use the
most common formula for finding the estimate
at completion, EAC=BAC/CPI Percent Complete Rule
D Less accurate
D It is calculated by dividing EV by
the actual costs spent at student orgy after the project D is the best choice
6 Chapter 7: Introducing Project Cost Management
FIGURE 7-1
Project
management
software can
assist at student orgy after muscle men orgy resource
planning
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