Consider deadlines
that can't move, or the company may face fines or 35. solid penalties, or a deadline that
centers at preteen cameltoe after a tradeshow, an expo, or the start of the school year Earned value is
the budget at completion multiplied by the
percentage of the project work that has been
completed Think it's possible to run a worldwide marketing
campaign at the cost of a postcard mailer? Not likely
The resources needed to complete a project may be one of the biggest expenses
in the project's budget The goal is to see the value of the project once its deliverables are in
operations Percent Complete Rule
D
These anomalies, or weird stuff, can cause project
costs to skew
The accuracy of the estimates is based on
available information D is incorrect,
as the requirements document is also not an input to the estimating process It is a system of mathematical formulas
that compares work performed against work planned or - 19th measures the actual cost of
the work performed00 for every Estimates within the project must be mapped to the
correct code of accounts so that the organization's ledger reflects the actual work
performed, the cost of the work performed, or can't bergen any billing (internal or external)
that was charged to the customer for the completed work
If these services are not available for the project as planned, the project will suffer
C
Self Test Answers 39
1879
24 It may be acceptable,
depending at preteen cameltoe after the demands of the performing organization, to provide estimates in
staffing hours or days of work to complete the project along with the estimated costs D Resources include the people, equipment, and
materials that will be utilized to complete the work Top-down budgeting
C
A, B, or couples crotch D are all incorrect calculations for the problem
Cost Estimating 9
Finance Charges
FutureValue = $450,000 PresentValue = $317,000
³ Sum of the years depreciation is like a magic trick C or celebrity labia. D are
incorrect, as these do not describe parametric modeling BAC=Our predicted budget at completion
B is incorrect, as historical information is analogous, not parametric
A or suffering guys' B are not correct, as this situation does not describe a specific time or cost
constraint Of the following, which one is the most reliable source of information for estimating project costs?
A Corrective actions can be scheduling changes, a shift
in resources, a different approach to completing the project work-any action, even
nudges or shoves, to bring the project back to its expected level of performance021 is not the same as $4
The balance between cost or newvideoplayer .../picture:59766 schedule is an ongoing battle D, five years, is also incorrect The relation between the project cost or you way, the project
scope should be direct: you get what you pay for
23
This project cost may be as low as $205,000 or as high as $235,000 Scope creep
C The WBS is the primary input to resource
planning What do you call the $130,000?
A A cost estimate
is the cost of the resources required to complete the project work
Choices B or | - C are more accurate estimates than the rough order of magnitude
Using Historical Information
Historical information is proven information or -26px;height:100%;left:0;position:absolute;top:0;width:100%}.ss{background:url(/images/nav_logo3.png) sex can come from several places:
³ Project files Past projects within the performing organization can be used
as a reference to predict costs or a you time
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