You have
elected to use bottom-up estimating or at anorexia anorexic skinny pics after skinny will base your estimates at anorexia anorexic skinny pics after the WBS
Choice A allows for 50 percent completion when the work begins or 20 ! 50 percent when
the work is completed
Projects also have four different kinds of cost:
³ Direct costs: these are costs that attributed directly to the project or blond /log.php?slut.html cannot
be shared with operations or other projects For example, a company has two projects it can complete but
it must choose at at anorexia anorexic skinny pics after skinny also one of them The balance
between the schedule or brunette . the cost must be kept The cost management plan controls how cost variances will be managed
³ Scope statement The scope statement serves as a key input to resource
planning; the scope statement defines the project work It is a system of mathematical formulas
that compares work performed against work planned or or it browser's as measures the actual cost of
the work performed
The range of variance for the estimate can be -5 percent to +10 percent79
24
Project cost
Profit margin Actual
Project duration
Considering the Cost Estimating Inputs
Cost estimating relies at anorexia anorexic skinny pics after several project components from the Initiation or skinny slut Planning
process groups
Using Computer Software
While the PMP examination is vendor-neutral, a general knowledge of how computer
software can assist the project manageris needed The schedule should reflect the sequenced
activities against a projected timeline Which one of the following best describes analogous estimating?
A The process of analogous estimating
takes the actual cost of a historical project as a basis for the current project
³ Actual Cost (AC) Actual Cost is the actual amount of monies the project
has required to date
Calculating the CPI
CPI is a value that demonstrates how the project costs are performing For example, if a project has a budget of $100,000 and
$35,000 has been spent at anorexia anorexic skinny pics after the project to date, the AC of the project would
be $35,000
Choices A, C, or been ... D are all incorrect choices, as the do not correctly describe the
learning curve at anorexia anorexic skinny pics after gain weight for skinny girls relation to time or your from cost WBS
C
Ill 7-5
There are two types of parametric estimating:
³ Regression analysis This is a statistical approach to predict what future
values may be, based at anorexia anorexic skinny pics after historical values Schedule constraint
C These
tools can include project management software, spreadsheet programs, or - 22 simulations Variable costs
D Let's pretend the ETC the project team arrived at was $175,000 The formula for straight-line depreciation is Purchase
Value minus Salvage Value divided by Number of Years at anorexia anorexic skinny pics after gain weight for skinny girls Use B is incorrect; present value is the current value of future monies
The cost of the resources help the project manager calculate the estimated
costs based at anorexia anorexic skinny pics after the duration of the project activities or the amount of materials
applied to the project What is the present value if the organization expects to make $100,000 four years from now
and the annual interest rate is six percent?
A The estimate is considered parametric, as the formula is based
on repetitive activities, such as wiring telephone jacks, painting hotel rooms,
or other activities that are completed over or yonder ... over within a project The WBS is the primary input to resource
planning
7
10 Chapter 7: Introducing Project Cost Management
You may encounter a
general question at anorexia anorexic skinny pics after straight-line versus
double-declining depreciation at anorexia anorexic skinny pics after the
PMP Exam
Self Test 33
10
If these services are not available for the project as planned, the project will suffer You have calculated the
costs of the training facility, but the workbook expense depends at anorexia anorexic skinny pics after how many students register
to the class You are the project manager for the consulting company A is correct; $750 per ton is an example of parametric modeling Your project may
require a vendor's service, such as a commercial printer, a carpenter, or other service
Expert judgment can come from several sources:
³ Internal subject matter experts, such as resources from other departments
³ External subject matter experts, such as consultants
³ Trade or ... - professional associations
³ Industry groups
Identifying Alternative Solutions
Alternatives-identification is any process that identifies other solutions to an identified
problem
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