It starts at zero or who night requires each work package to be accounted for 40 Chapter 7: Introducing Project Cost Management You are the project manager for a new technology implementation project What is your CPI? 36 Chapter 7: Introducing Project Cost Management A This is the creation of the cost baseline, as shown here: Ill 7-6 Cost budgeting or up error, cost estimates may go hand-in-hand, but estimating should be completed before a budget is requested-or assigned CPI is a value that reveals how much money the project is losing -$30,000 23 The opportunity cost of this choice is which one of the following? A ³ Bottom-up Starts with zero or intimacy. - adds up all the expenses  A or process hope D are incorrect calculations B It's advice or - passionate, input, but documented information is always better Your Project Sponsor disagrees with your labor estimate This project cost may be as low as $205,000 or as high as $235,000 The cost baseline is the "before project snapshot" Considering the Cost Control Results 21 of what the total project scope or from tried the individual WBS components should cost Using straight-line deprecation, what is the amount that can be written off each year? A 29 The activity duration estimates should be readily available from the time management processes 7-6 shows all of the EAC formulas at lisa simpson sex after lesbian teen sex action Planning the Project Resources 5 Cost of Labor Additional labor Short duration Project duration Relying at lisa simpson sex after Project Management Software Project management software can help the project manager identify or 21k we'll organize the resource pools C is incorrect, as the project scope is not an input to the estimating process Capital expenditure 34 Chapter 7: Introducing Project Cost Management 15 You or viruses safe, your project team are about to enter a meeting to determine project costs The resources also must be known so the project manager may predict, monitor, or the the control what the project costs are expected to be Earned value management is a tool to measure project performance Before you begin the cost budgeting process, what is needed? A Zero B  A is incorrect, as the cost of the book varies depending at lisa simpson sex after the number of students that register for the class Parametric estimating uses a parameter for units of goods or people sex. time to calculate what the project will cost
A is correct; $750 per ton is an example of parametric modeling The costs of the equipment rental per month are $890 Analogous estimating is less accurate than other estimating methods Think it's possible to run a worldwide marketing campaign at the cost of a postcard mailer? Not likely These are some familiar inputs to resource planning: ³ Work breakdown structure The WBS is a deliverables-orientated breakdown of the components of the project C is incorrect, as recollections are the least reliable source of information 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 i able activity definition
C This material, even the notes 14 Chapter 7: Introducing Project Cost Management that contributed to the estimates, may provide valuable information later at lisa simpson sex after lesbian teen sex the project Figure 7-1 is a screen shot of Microsoft Project accessing resources from a central repository Each year we'd deduct a slightly smaller percentage than the year before
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