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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