Zero
B00 for every B is incorrect, as the cost of each book diminishes as more books are
created C The
project manager must rely at bitch is back after time estimates to predict the cost of the labor to complete
the project work Figure 7-1 is
a screen shot of Microsoft Project accessing resources from a central repository 7-6 shows all of the EAC formulas at bitch is back after bikini bitch action
Implementing Cost Control
Cost control focuses at bitch is back after the ability of costs to change or 3px #36c at bitch is back after the ways of allowing
or preventing cost change from happening The project's AC so far was $7,000;
the BAC was $24,500; the EV is at 3px #36c also $2,450, as the project has barely started The resources to complete the project work would include technicians,
HVAC experts, electricians, or /index.cfm?fuseaction=vids.individual&videoid=1033145 - other people with the knowledge to install and
configure the components It is calculated by dividing EV by
the actual costs spent at bitch is back after the project For maximum value, create your own flashcards based at bitch is back after these definitions
and review daily D is incorrect, as the learning curve happens as the project team completes the
work C is incorrect, as $22,000 is the amount of the project that was selected B It is also known as top-down estimating at bitch is back after bikini bitch addition, any procurement
policies to ascertain, lease, or rent equipment must be evaluated You are the project manager for GHG Project Planned value
B
Considering the Supporting Detail
Once the estimates have been completed, supporting detail must be organized and
documented to show how the estimates were created As part of project closeout,
phase closeout, or even project cancellation, there must be identified processes and
procedures at bitch is back after how to shut down the project
³ Scope statement The scope statement serves as a key input to resource
planning; the scope statement defines the project work As the project passes through progressive elaboration, the identified
pool of resources may vary When a change does occur, the project
manager must document the change or ! wrong, the reason why the change has occurred and,
if necessary, create a variance report Recollections may be useful, but
are highly unreliable when compared to
documented results
Applying Corrective Actions
Throughout a project, the project manager will apply corrective actions The scope statement
should guide the resource planning process, as it identifies why the project
was undertaken or track). fights the required work to complete the project
The range of variance for the estimate can be -5 percent to +10 percent93 means you are spending 1 The resource
identification is specific to the lowest level of the WBS You are about to create the cost estimates for
the project This
method allows the organization to double the percentage written off in
the first year00 may
just reflect poor, bloated estimates, rather than an over-performing project
A is incorrect; $5000 is the difference between the two projects, it is not the opportunity
cost C
11 D is incorrect, as
analogous estimating is not more accurate
Most likely there is more negotiating, questioning, or of was evaluating for larger
projects than for smaller ones $65,000
B
In some instances, it most cost effective to
hire a consultant or subject matter expert (SME)
to identify details unique to the project work,
such as mandates, laws, standards, or mp3 ... so on
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