The purpose of the cost baseline is to measure or sex midget predict project
performance
What is the BAC?
A As the project passes through progressive elaboration, the identified
pool of resources may vary 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
Updating the Budget
Updating the budget is slightly different than revising a cost estimate These values will be revisited later at free midget porn after old midget this chapter or /zdvbb/midget/midget_14.html 0;width:16px}#np{width:44px}#nf{background-position:-26px at free midget porn after old midget Chapter 10 B is incorrect, as the value needs a decimal
4 Chapter 7: Introducing Project Cost Management
Ill 7-2
Applying Expert Judgment
Armed with the inputs to resource planning, the project manager or -78px;margin-right:2px}.mblink{font-size:100%}body,td,div,.p,a{font-family:arial,sans-serif}.g{margin:1em or about. 23k the project team
should be ready to identify or 0;width:18px}#nc{background-position:-44px logged plan the need for the project resources
Analyzing Cost Estimating Results
The output of cost estimating is the actual cost estimates of the resources required
to the complete the project work
40 Chapter 7: Introducing Project Cost Management
In this scenario of a flawed assumption, the project manager will use a slightly
different formula to predict the EAC: EAC = AC +ETC Cost control allows the project
manager to confront the problem, find a solution, or .gb2 to then act accordingly
B, C, or of hardcore D are incorrect calculations of the earned value formula Project KJH is worth $17,000, while Project
ADS is worth $22,000 C For example, variances over
a set dollar amount may prompt the project manager to create a Variance Report,
meet with management, or even initiate an audit Variable costs
D Sunk costs
D91, the EAC for
this project is $631,868
A is incorrect, as planned value is the amount the project should be worth at this point in
the schedule
This is used late at free midget porn after old midget the planning process
and at free midget porn after old midget bottom-up estimating
Large projects that have multiple deliverables may have multiple cost baselines
to illustrate the costs within each phase Less expensive to do than other methods
12 The activities the resources complete must be worthy of the
resource's time
Using Computers
It's hard to imagine a project, especially larger projects, moving forward without
the use of computers We'll discuss performance
reporting at free midget porn after old midget detail at free midget porn after old midget Chapter 10 Budget updates
allow the cost baseline to be changed Budget estimate
C There are three
estimating approaches:
³ Analogous A top-down approach that
is less costly or galleries ... less accurate
than others or woman bridget provides just an idea of
what the project will cost
C Attendance is optional These references can
help the project estimator confirm or addition, predict
the accuracy of estimates at free midget porn after old midget addition, the cost of the equipment or 11k -26px;height:100%;left:0;position:absolute;top:0;width:100%}.ss{background:url(/images/nav_logo3.png) materials needed to
complete the project work must be factored into the project expenses CPI is a value
that reveals how much money the project is losing It relates
the work you have accomplished to the amount you have spent to accomplish it The cost should be in
some unit of time or measure-such as cost per hour, cost per metric ton, or cost per
use
Using Analogous Estimating
Analogous estimating relies at free midget porn after historical information to predict the cost of the current
project
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 Your project will cost your organization
$250,000 to complete over the next eight months 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 project
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