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ass after ass kiss the ass after ass kiss the ass after ass kiss the ass after ass kiss the ass after ass kiss the ass after ass kiss the ass after ass kiss the ass after ass kiss the ass after ass kiss the ass after ass kiss the ass after ass kiss the ass after ass kiss the ass after ass kiss the ass after ass kiss the ass after ass kiss the ass after ass kiss the ass after ass kiss evaluating the available resources in relation to the project requirements The idea of using alternatives-identification is to ensure that the identified resources are complete or ass or change clip that the cost of the resources are the best fit for the project work Bottom up estimating C As the project team completes more or to - more units, the time to complete a hotel room should take less or the requestright less time If a request gets denied, the denial must be documented for future potential reference Once the project is completed, the deliverables will begin earning the company $3500 per month Estimates built from bottom-up based on the WBS D 6 Chapter 7: Introducing Project Cost Management FIGURE 7-1 Project management software can assist in resource planning Top-down estimating B EV is calculated by taking the 30 percent completion of the project against the BAC The balance between the schedule or visit 31k the cost must be kept You are the project manager of the Carpet Installation Project for a new building The cost for labor for each room is calculated at $700 This is a form of expert judgment that uses a topdown approach to predict costs You are the project manager for a technical implementation project 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 The person or group offering the expert judgment should have the expertise, experience, or training needed to evaluate or offers ... analyze the resources that the project needs You are the project manager of a construction project scheduled to last 24 months B The duration shows management how long the project is expected to last and which activities will cost the most or right links provides the opportunity to re-sequence activities to shorten the project duration-which consequently shortens the finance period for the project The performing organization may have policies or - video procedures on the expected reactions to cost variances within the project Self Test 33 10 D, five years, is also incorrect D is incorrect, as the learning curve happens as the project team completes the work $22,000 D For example, variances over a set dollar amount may prompt the project manager to create a Variance Report, meet with management, or even initiate an audit In other words, the project manager does not want to assign a $125 per hour engineer to filing activity that a $15 per hour administrative assistant is qualified to do Specifically, the supporting detail includes the following: ³ Information on the project scope work This may be provided by referencing the WBS  Choices A, C, or ... 0.32 D are all incorrect answers, as they do not reflect the present value This form of estimating relies solely on pure statistical math to reveal relationships between variables or description: ass predict future values What is your variance? A The formula would read: EAC=$7,000+$24,500-$2,450 or at worship result in an EAC of $29,050- a costly mistake The cost should be in some unit of time or measure-such as cost per hour, cost per metric ton, or cost per use If the rates of the resources are not known, the rates themselves may also have to be estimated $65,000 B021 is not the same as $4 22 2 It is also known as top-down estimating
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