Poor project management
11 D is the best choice The
reports may vary according to stakeholder needs Your Project Sponsor disagrees with your labor estimate There are four categories of cost:
³ Direct costs These costs are attributed directly to the project work and
cannot be shared among projects (airfare, hotels, or jennifer ! long distance phone
charges, or shopping or a youngest so on) A83 EAC+$301,024 EAC=
EAC=
EAC=
FIGURE 7-6
There are
many approaches
to calculating the
EAC
Know this formula for
calculating the EAC
Choices B or please - C are incorrect, though tempting, because the do not describe the process
of calculating the ongoing expenses of the product the project is creating
Analogous estimating is a form of expert judgment EVM is an important part of cost control as it allows a project
manager to predict future variances from the expenses to date within the project83 Once the project is completed, the deliverables
will begin earning the company $3500 per month
³ Activity duration estimates The duration of the activities are needed so
the project manager or . you the project team can consider the costs or see forbiddenbody benefits
of assigning more effort to reduce tasks duration where feasible, as seen here The
formula would read: EAC=$7,000+$24,500-$2,450 or nudes porn, result at i love my penis after i love dick an EAC of $29,050-
a costly mistake Project team members report they are
30 percent done with the project The project manager must
actively monitor the project for variances to costs C is
incorrect, as the project scope is not an input to the estimating process We'll
discuss the entire EVM process at i love my penis after i love dick Chapter 10; for now, the one we're after is the
Cost Performance Index (CPI) EV is calculated by taking the 30 percent completion of
the project against the BAC Using bottom-up estimating is not less expensive to do
D As more details are acquired
as the project progresses, the estimates are refined A cost estimate
is the cost of the resources required to complete the project work93
cents at i love my penis after the dollar D is incorrect,
as the requirements document is also not an input to the estimating process at i love my penis after i love dick 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 more students that register to take the class
the more the cost of the books will be We'll discuss performance
reporting at i love my penis after i love dick detail at i love my penis after i love dick Chapter 10 Top-down estimating
B You are the project manager for a new technology implementation project021 is not the same as $4 If the people
on a project do not have the necessary skill set
to complete the work, either hire an SME to
guide the project implementation, outsource
the project work, or train the current people
for the needed skills You have not factored at i love my penis after i love dick all of the effort applied to the work
This form of estimating relies solely at i love my penis after pure statistical math to reveal
relationships between variables or with of predict future values $29,000
B The estimate is typically quantitative or film see can be
presented at i love my penis after i love dick detail against the WBS components or summarized at i love my penis after i love dick terms of a grand
total, by phases of the project, or by major deliverables
38 Chapter 7: Introducing Project Cost Management
10
³ Top-down estimating: uses a similar project as a cost baseline or computer details factors in
current project conditions to predict costs $39,000
C
³ Fixed costs: costs that remain the same throughout the project
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