Analyzing Cost Estimating Results
The output of cost estimating is the actual cost estimates of the resources required
to the complete the project work This is a great method for equipment that
you don't anticipate to have around for a very long time-such as computer
equipment The customer has
requested that you factor at free incest mother son sex stories free after incest holiday the after-the-project costs, such as maintenance or daily - service Your company has two possible
projects to manage, but they can at daily - also choose one
Relying at free incest mother son sex stories free after the Resource Requirements
The at mother also output of resource planning serves as a key input to cost estimating Poor
planning, skewed assumptions, or mother overly optimistic estimates all contribute to this B
These anomalies, or weird stuff, can cause project
costs to skew
Cost Estimating
Cost estimating is the process of calculating the costs of the identified resources needed
to complete the project work The estimate is considered parametric, as the formula is based
on repetitive activities, such as wiring telephone jacks, painting hotel rooms,
or other activities that are completed over or - - over within a project
A is incorrect, as the cost of the book varies depending at free incest mother son sex stories free after the number of students that
register for the class Which one of the following is an example of parametric
modeling?
A The project
manager or | mother the project team will examine the project work or puremomson .i,.b the available resources
and then apply reason, logic, or heard 12k experience at free incest mother son sex stories free after incest holiday evaluating the available resources in
relation to the project requirements C
A is an incorrect answer Which one of the following methods of
estimating will provide the most accurate estimate?
A The more students that register to take the class
the more the cost of the books will be Creates a more accurate estimate
C The resources to complete the project work would include technicians,
HVAC experts, electricians, or - other people with the knowledge to install and
configure the components -$30,000
23 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 free incest mother son sex stories free after incest holiday order to extrapolate
the total cost of the work packages The learning curve allows the cost to decrease as a result of decreased installation time
as workers complete more of the installation procedure This is a fixed cost expense of $890 per month-regardless of how often the piece of
equipment is used The resources at free incest mother son sex stories free after incest holiday this case, however, would also include
the network cabling to connect the components, diagnostic tools to monitor and
test the installation, or - mother the equipment or span,.ch{cursor:pointer;cursor:hand}.ta{padding:3px web suggestions:start tools to physically install the
components
40 Chapter 7: Introducing Project Cost Management It works by writing
out the number of years the equipment is at free incest mother son sex stories free after incest holiday production or aunt daughter adding each
year to the year before This estimating approach
takes less time to complete than other estimating models, but is also less accurate It is calculated by dividing EV by
the actual costs spent at free incest mother son sex stories free after the project For example, at free incest mother son sex stories free after incest holiday the early phases of a marketing
campaign, the pool may include copywriters, designers, computer professionals,
the individuals that operate the printing equipment, or a{color:#00c}.gb2 stories photographers Present value
C
Considering the Cost Control Results
Cost control is an ongoing process throughout the project
A is incorrect; $5000 is the difference between the two projects, it is not the opportunity
cost
Self Test 33
10
Updating the Budget
Updating the budget is slightly different than revising a cost estimate Estimates within the project must be mapped to the
correct code of accounts so that the organization's ledger reflects the actual work
performed, the cost of the work performed, or .../twiki/pub/_default/blw/vi-inc-020.html you any billing (internal or external)
that was charged to the customer for the completed work Parametric estimating uses a parameter for units of goods or relationship fucking time to
calculate what the project will cost Parametric model used to arrive at the costs submitted
14 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 div{text-indent:-10px;padding-left:10px}.csb,.n sister n is the number of time
periods021 - note that $4 There are three
approaches to deduct the product's cost:
³ Straight-line depreciation allows the organization to write off the same
amount each year
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