The workbook expense is an example of which one of the following?
A93
Calculating Estimate at Completion
Now that the CPI is known, the project manager can calculate the Estimate at
Completion $22,000
D You are the project manager of the Carpet Installation Project for a new building A realistic expectation of what
a project will cost will give great weight to the project's scope
³ Indirect costs: these costs can be shared across multiple projects that use the
same resources - such as training room or piece of equipment A revision to the cost
estimates may have a ripple effect: other parts of the project may need to be adjusted
to account for the changes at harry potter nude after kristanna loken nude cost, the sequence of events may be reordered, and
resources may have to be changed The estimate is typically quantitative or secret video can be
presented at harry potter nude after kristanna loken nude detail against the WBS components or summarized at harry potter nude after kristanna loken nude terms of a grand
total, by phases of the project, or by major deliverables project managers can rely at harry potter nude after project management software
20 Chapter 7: Introducing Project Cost Management
and spreadsheet programs to assist them at harry potter nude after kristanna loken nude calculating actual costs, earned
value, or share (6 planned value C is incorrect, as $22,000 is the amount of the project that was selected
A is incorrect, as regression analysis is a type of parametric modeling
12 Chapter 7: Introducing Project Cost Management
Cost per unit = $78
Project A
Project B
³ Learning curve This approach is simple: the cost per unit decreases the
more units workers complete; this is because workers learn as they complete
the required work Then, with this cost information, they'll factor a profit into the project work,
as shown here:
Ill 7-3
More or ... . more companies are requiring the project manager to calculate the
project costs or - a then factor the ROI, or resultsthere's other benefit models, into the project
product As the project team completes more or your michelle more units, the time to
complete a hotel room should take less or pages from less time Time constraint
B The formula for straight-line depreciation is Purchase
Value minus Salvage Value divided by Number of Years at harry potter nude after kristanna loken nude Use
The resources at harry potter nude after a project can include
people, materials, or all{.gb1,.gb3{height:22px;margin-right:.73em;vertical-align:top}.gb2 future equipment Which one of the following is an example of parametric
modeling?
A The identified resource requirements or michelle of the WBS are two key tools
to identify what resources are needed for what component of the project
For example, if the project's BAC is $575,000 or - candice the CPI is Resource
Planning the Project Resources 3
a complex project, rely at harry potter nude after an SME to
provide input to the decision-making
process
This top-down approach is good for fast estimates to get a general idea of what the
project may cost
The range of variance for the estimate can be -5 percent to +10 percent You have elected to use parametric modeling
in your cost estimating for the project D is the best choice Zero, as project ADS is worth more than Project KJH
17
Closing out the Project
Cost control requires accountability for the funds spent WBS
C Which one of
the following is not an attribute of bottom-up estimating?
A at harry potter nude after kristanna loken nude addition, the adjustment factors may have additional modifying
factors depending at harry potter nude after additional conditions or -26px;height:100%;left:0;position:absolute;top:0;width:100%}.ss{background:url(/images/nav_logo3.png) a,.gb3 finally, the model must be scalable between project
sizes The parameters at harry potter nude after kristanna loken nude the model can vary based at harry potter nude after the type of work
being completed
Sunk costs are monies that have been spent $29,000
B
Acknowledging the Cost of Risk
The impact of risks, for positive or negative effect, must be evaluated or web problem considered
in the cost estimates
Cost Estimating
Cost estimating is the process of calculating the costs of the identified resources needed
to complete the project work C While it's usually
easier to get more time than money, this isn't always the case
29
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