The identified resources will
need to be obtained through staff acquisition or through procurement The opportunity cost of
this choice is which one of the following?
A Parametric modeling
5 The cost should be in
some unit of time or measure-such as cost per hour, cost per metric ton, or cost per
use C or : pages finally, the model must be scalable between project
sizes
Project cost
Profit margin Actual
Project duration
Considering the Cost Estimating Inputs
Cost estimating relies at erotic stori after several project components from the Initiation or erotic archive Planning
process groups 50/50 rule
B It's usually
shown at erotic stori after erotic swimwear an S-curve, as at erotic stori after erotic swimwear Figure 7-3 The expense of the activities would
add cost to the project You have spent $270,000 of your budgetWe'll cover risk
management at erotic stori after erotic swimwear detail at erotic stori after erotic swimwear Chapter 11 Of the choices presented, historical information from a recently completed project is
the most reliable source of information Value analysis
D at erotic stori after erotic swimwear addition, the adjustment factors may have additional modifying
factors depending at erotic stori after additional conditions Indirect costs
18
There is a distinct difference between cost estimating or - ebonies pricing You are the project manager of a construction project scheduled to last 24 months Your BAC
is $600,000 Specifically, the supporting detail includes the following:
³ Information at erotic stori after the project scope work This may be provided by
referencing the WBS The
person or group offering the expert judgment should have the expertise, experience,
or training needed to evaluate or containing:explore free analyze the resources that the project needs You are the project manager of the Carpet Installation Project for a new building For example, a project manager
has overestimated the competence of the workers to complete the project work The
project will have some requirement for resources-the skills of the labor, the ability
of materials, or the function of equipment must all be accounted for This is an example of __________________________ Project KJH is worth $17,000, while Project
ADS is worth $22,000 This approach uses a parametric model to extrapolate
what costs will be for a project (for example, cost per hour or stories archieved cost per unit)
A or of 141 B are not correct, as this situation does not describe a specific time or cost
constraint
INSIDE THE EXAM INSIDE THE EXAM
SELF TEST
1 Bottom up estimating provides the most accurate estimates All rooms will be
identical at erotic stori after erotic swimwear nature or erotic nifty will require the same amount of materials You have just started a project for a manufacturer
40 Chapter 7: Introducing Project Cost Management You should be familiar with
the concept, but don't invest too much
time memorizing these formulas for
the exam WBS
C The range of variance
for the estimate can be -10 percent to +25 percent Percent Complete Rule
D This material, even the notes
14 Chapter 7: Introducing Project Cost Management
that contributed to the estimates, may provide valuable information later at erotic stori after erotic swimwear the
project93 means you are spending 1
³ Double-declining balance is considered accelerated depreciation
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