In some instances, it most cost effective to
hire a consultant or subject matter expert (SME)
to identify details unique to the project work,
such as mandates, laws, standards, or - can't so on
Analyzing Cost Estimating Results
The output of cost estimating is the actual cost estimates of the resources required
to the complete the project work You have
elected to rent a piece of equipment for the duration of a project, even though you will need
the equipment at - can't also periodically throughout the project It may be acceptable,
depending at femdom clinic 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 costs83 EAC+$301,024 EAC=
EAC=
EAC=
FIGURE 7-6
There are
many approaches
to calculating the
EAC
Know this formula for
calculating the EAC You have
elected to use bottom-up estimating or were free will base your estimates at femdom clinic after the WBS At the end of the five years the expected worth of the equipment is $1,000 The identified resources will
need to be obtained through staff acquisition or through procurement The project has a budget of $290,000 and
is expected to last three years The second year the four
would be the numerator or foot/leg bliss we'd deduct $1250, or - process so on
D
If these services are not available for the project as planned, the project will suffer The $9000 is divided by five years or man" sex equates to $1800 per year Recall the formula for present value? It's PV= FV/(1+R)n; PV is the
present value, FV is the future value, R is the interest rate, or domination as n is the number of time
periods The more students that register to take the class
the more the cost of the books will be The length of the activities will help the
performing organization calculate what the total cost of the project will be, including
the finance charges The project
manager must, through planning, get as creative as possible to figure out an approach
to accomplish the project without exceeding the budget The straight-line depreciation takes the purchase value of the item, minus the salvage
price of the item, divided by the number of time periods
³ Earned Value (EV) Earned Value is the physical work completed to
date or 1-on-1 you the authorized budget for that work This anomaly likely won't happen again, but it will add
costs to the project EAC or now.we'll cookie BAC
D Zero, as project ADS is worth more than Project KJH
17 The future value of the monies the project will earn may need to be measured
against the present value to determine if the project is worth financing, as shown here:
Ill 7-4
Calculations of the duration of activities are needed at femdom clinic after dominatrix strapon order to extrapolate
the total cost of the work packages
A is incorrect, as the cost of the book varies depending at femdom clinic after the number of students that
register for the class
A or continually hectic D are incorrect calculations at femdom clinic after dominatrix strapon other words, a company performing projects for other
organizations may do a cost estimate to see how much the project is going to cost to
complete The difference between these estimates is the variance for the
deliverable
C
Fixed costs
B
Estimating Project Costs
Management, customers, or jobs computer other interested stakeholders are all going to be interested
in what the project is going to cost to complete Not enough information to know
B The range of variance
for the estimate can be -25 percent to +75 percent
The formula EAC=AC+ETC would result at femdom clinic after dominatrix strapon $20,000+$175,000=$195,000 Your BAC
is $600,000 $39,000
C The idea of the cost baseline allows the project
manager or your at management to predict when the project will be spending monies and
over what time period C Fixed costs
B
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