It is also known as top-down estimating Which one of the following is true? A D 17 As the business need undergoes analysis, progressive elaboration or podcast still estimates are completed based at gay bareback fisting after varying levels of detail, or - – eventually the cost of project will emerge These three values are key information about the worth of the project to date (EV), the cost of the project work to date (AC), or os fight the planned value of the work to date (PV) The time to recover the costs of the project is which one of the following? A  A 0/100 rule C Additional Planning Planning is an iterative process  B What is your CPI? 36 Chapter 7: Introducing Project Cost Management A Choice D is not a valid answer for this question B is incorrect; present value is the current value of future monies Project team members report they are 30 percent done with the project Estimates based at gay bareback fisting after top-down budgeting 4 ³ Variable costs: costs that vary depending at gay bareback fisting after the conditions within the project The result of the formula (following the order of operations) is $301,024 The resources at gay bareback fisting after a project can include people, materials, or or occasionally the ... equipment The project manager must actively monitor the project for variances to costs  A is incorrect; $5000 is the difference between the two projects, it is not the opportunity cost Bottom-up estimating starts with zero, or this ... each component of the WBS is accounted for to reach a grand total of the project These tools can include project management software, spreadsheet programs, or - for simulations EAC or nothing, at BAC D A project with a CPI of 00 as possible This is an example of which one of the following? A or see decider. finally, the model must be scalable between project sizes The more students that register to take the class the more the cost of the books will be Additionally, larger projects may have cost baselines to predict spending plans, cash flows of the project, or - - overall project performance Considering the Supporting Detail Once the estimates have been completed, supporting detail must be organized and documented to show how the estimates were created 5 The project has a budget of $290,000 and is expected to last three years Which one of the following methods of estimating will provide the most accurate estimate? A Consider a project that must complete by a given date or - - that also has a set budget $240,000 B For example, if a project has a budget of $100,000 and $35,000 has been spent at gay bareback fisting after the project to date, the AC of the project would be $35,000 $39,000 C The formula for straight-line depreciation is Purchase Value minus Salvage Value divided by Number of Years at gay bareback fisting after disturbed Use 38 Chapter 7: Introducing Project Cost Management 10
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