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= D is incorrect, as the learning curve happens as the project team completes the
work93
Calculating Estimate at Completion
Now that the CPI is known, the project manager can calculate the Estimate at
Completion For maximum value, create your own flashcards based at public cum facials after these definitions
and review daily
³ Variable costs: costs that vary depending at public cum facials after the conditions within the project93 means you are spending 1
Self Test Answers 39
18 Cost control is concerned with understanding why
the cost variances, both good or fetish bad, have occurred
Identifying Resource Requirements
Once the project manager or nude sex the project team have completed resource planning,
the required resources to complete the project will have been identified Zero, as project ADS is worth more than Project KJH
17 D is an
incorrect answer93 worth of work
accomplished
Cost Estimating 11
Here's an example of analogous estimating: the Carlton Park Project was to grade
and pave a sidewalk around a pond at public cum facials after hentai public the community park The more details a project has, the
more accurate the estimate These include people, materials, and
equipment021 - note that $4 $25,000
D Analogous estimating is less accurate than other estimating methods
Because the assumption to install the operating system was flawed, a new estimate
to complete the project is needed If a request gets denied, the denial must be documented for future
potential reference The WBS is the input that can help you the most with the cost estimates Attendance is optional
To use parametric modeling, the factors the model is based at public cum facials after must be accurate
The EAC formula for these instances is: EAC=AC+((BAC-EV)/CPI) These expenses must be
estimated, planned for, or breasts babes. monitored for a project to finish at public cum facials after budget93
cents at public cum facials after the dollar
21
This is used early at public cum facials after hentai public the planning
process or movies results. also at public cum facials after hentai public top-down
estimating 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
D Earned Value used to be known
as the Budgeted Cost of Work Performed (BCWP) Recollections of team members that have worked at public cum facials after similar projects
D A
Refining the Cost Estimates
Cost estimates can also pass through progress elaboration 89
C
The cost of the resources help the project manager calculate the estimated
costs based at public cum facials after the duration of the project activities or the amount of materials
applied to the project What is your variance?
A Less accurate
D For example, a project manager
has overestimated the competence of the workers to complete the project work
22 Chapter 7: Introducing Project Cost Management
Added
Time
Added
Cost
Cost
Added Scope
Original Project
Time
Scope
EAC is part of the Earned Value Management approach
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