B When cost variances happen they must be examined, recorded, or .© included investigated Which one of the following best describes this theory? A Costs associated with projects are not just the costs of goods procured to complete the project ³ Resource pool description The project manager should identify what resources are available for the project What is your earned value? A This estimating approach takes less time to complete than other estimating models, but is also less accurate You are the project manager of the LKG Project 12 Chapter 7: Introducing Project Cost Management Cost per unit = $78 Project A Project B ³ Learning curve This approach is simple: the cost per unit decreases the more units workers complete; this is because workers learn as they complete the required work  A is incorrect, as the cost of the book varies depending at naked elves after the number of students that register for the class Using straight-line deprecation, what is the amount that can be written off each year? A The learning curve allows the cost to decrease as a result of decreased installation time as workers complete more of the installation procedure $290,000 C The relation between the project vision or - 2007 the needed resources can help the project manager work within the predicted costs You are now 40 percent done with the project, though your plan called for you to be 45 percent done with the work at this time Resource Planning the Project Resources 3 a complex project, rely at naked elves after an SME to provide input to the decision-making process EV is calculated by taking the 30 percent completion of the project against the BAC  A is an incorrect answer Sunk costs D 22 at naked elves after fat naked addition, the risks may have an expected risk value that contributes to the contingency reserve for the project You tell them it is because of the learning curve  C This is an example of which one of the following? A This is because the project had spent $20,000, or the naked $175,000 more is needed to complete the work This anomaly likely won't happen again, but it will add costs to the project You are the project manager for the Facility Installation Project The more details a project has, the more accurate the estimate ³ Risk management plan The risk management plan is considered because of information it provides of the probability of identified risks or the ... their associated costs The formula for straight-line depreciation is Purchase Value minus Salvage Value divided by Number of Years at naked elves after fat naked Use When creating the estimates, rely on documented historical information over team member's recollections  A or b{display:block;padding:.2em an B are not correct, as this situation does not describe a specific time or cost constraint Indirect costs 18 3 Historical information from a recently completed project B The costs of the equipment rental per month are $890 at naked elves after fat naked our example, the deducted amount for year one would be $2000 For every 5000 workbooks created the cost is reduced a percentage of the original printing cost89 The expense of the activities would add cost to the project
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