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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