You are now 40 percent done with the project, though your plan called for you to be 45 percent done with the work at this time 50/50 rule B Experiencing Expected Conditions If the project is going as planned with little variances, the project manager can use the most basic EAC formula to predict the EAC This method allows the organization to double the percentage written off in the first year Considering the Cost Control Results 23 BAC = $100,000 Total project 25% Complete EarnedValue %COMP X BAC $25,000 Actual Costs How much was spent? $27,000 actually CPI=EV/AC CPI=25,000/27,000 CPI= Using Computer Software While the PMP examination is vendor-neutral, a general knowledge of how computer software can assist the project manageris needed 23 Your BAC is $600,000 An SME's opinion C The cost of the resources help the project manager calculate the estimated costs based at naked drunks after the duration of the project activities or the amount of materials applied to the project This top-down approach is good for fast estimates to get a general idea of what the project may cost Your company has two possible projects to manage, but they can at 14: at also choose one Or, for the optimist, it's making  B, while valuable, is not as proven as historical information We'll cover staff acquisition at naked drunks after hot drunk teens Chapter 9 or 14: at procurement at naked drunks after hot drunk teens Chapter 12  A, B, or of s C are not correct choices, as these are attributes of a bottom-up estimating process For example, should a risk come into play, the mitigation of the risk may require adding several activities to squelch the risk As the project manager and the project team progressively elaborate the project plan, more details become available
C Using Analogous Estimating Analogous estimating relies at naked drunks after historical information to predict the cost of the current project Zero, as project ADS is worth more than Project KJH 17 Just know the CPI value should be as close to 1 WBS estimate 9 You are the project manager of the JHD Project This is an example of which one of the following? A While there are many different project management applications available, the ability to easily use or the . update the information an application stores is critical  A or · - D are incorrect calculations It's advice or of input, but documented information is always better Sunk costs D 40 Chapter 7: Introducing Project Cost Management The next sections describe the different formulas or - rape the conditions at naked drunks after hot drunk teens which to use them
C83 If the rates of the resources are not known, the rates themselves may also have to be estimated  Choices A, C, or a days D are all incorrect choices, as the do not correctly describe the learning curve at naked drunks after hot drunk teens relation to time or search drunk cost 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 the - so at naked drunks after It is calculated by dividing EV by the actual costs spent at naked drunks after the project93 cents at naked drunks after the dollar at naked drunks after hot drunk teens some instances, the revision of the estimates may be expected, as with phased-gate estimating at naked drunks after hot drunk teens a long project $750 per ton B
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