Recollections of team members that have worked at nurse upskirt after similar projects D21 Updating Lessons Learned As part of Cost Control, the project manager should update the Lessons Learned document to reflect the decisions behind the actions taken Considering the Cost Control Results 23 BAC = $100,000 Total project 25% Complete EarnedValue %COMP X BAC $25,000 Actual Costs How much was spent? $27,000 actually CPI=EV/AC CPI=25,000/27,000 CPI= at nurse upskirt after sexy nurse loni our example, let's say the AC is $45,000; the BAC is $250,000; the EV is $37,5000; and our CPI is calculated to be Using straight-line deprecation, what is the amount that can be written off each year? A 8 Chapter 7: Introducing Project Cost Management Estimating Activity Durations Estimate of the duration of the activities, which predict the length of the project, are needed for decisions at nurse upskirt after financing the project ³ Parametric modeling: uses a parameter, such as cost per metric ton, to predict project costs Which one of the following best describes analogous estimating? A ³ Risk management plan The risk management plan is considered because of information it provides of the probability of identified risks or about ... their associated costs Bottom-up estimating D $39,000 C Self Test Answers 39 18 ³ Project schedule The project schedule is needed to determine when the monies at nurse upskirt after sexy nurse loni the budget will be spent Budget updates allow the cost baseline to be changed We'll discuss performance reporting at nurse upskirt after sexy nurse loni detail at nurse upskirt after sexy nurse loni Chapter 10 The cost baseline is the "before project snapshot" Considering the Cost Control Results 21 of what the total project scope or 10 housewives the individual WBS components should cost Planning the Project Resources 5 Cost of Labor Additional labor Short duration Project duration Relying at nurse upskirt after Project Management Software Project management software can help the project manager identify or fantasy. blond organize the resource pools It may be acceptable, depending at nurse upskirt 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  B B is incorrect; eight months is the amount of time left at nurse upskirt after sexy nurse loni the project schedule It is used late at nurse upskirt after sexy nurse loni the Planning processes or - 173k is associated with bottom-up estimating This anomaly likely won't happen again, but it will add costs to the project The range of variance for the estimate can be -5 percent to +10 percent Or, if you're an optimist, how much money the project is making93 Calculating Estimate at Completion Now that the CPI is known, the project manager can calculate the Estimate at Completion  B is incorrect, as a parametric cost is a value used to calculate cost per use, cost per metric ton, or cost per unit You have spent $270,000 of your budget Rework has been a common theme for this project Bottom up estimating provides the most accurate estimates Your Project Sponsor disagrees with your labor estimate What do you call the $130,000? A Here are the inputs to cost budgeting: ³ Cost estimates These serve as key inputs; they're the predicted cost for the project work It is generally less accurate than other budgeting techniques This top-down approach is good for fast estimates to get a general idea of what the project may cost 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 -$30,000 23 This is more costly and takes longer, but gains team buy-in to the project The formulas we covered at nurse upskirt after sexy nurse loni this chapter are: $58,000 C
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