chapter-7 edited
1. 1. includes the processes required to ensure that a project team completes a project within an approved budget.
d. Project cost management
2. Which of the following involves developing an approximation of the costs of resources needed to complete a project?
d. Estimating costs
3. involves allocating the overall cost estimate to individual work items to establish a baseline for measuring performance.
a. Determining the budget
4. One of the main outputs of the process is a cost baseline.
c. cost budgeting
5. The process of controlling costs primarily involves:
b. managing changes to the project budget.
6. Work performance information and cost forecasts are main outputs of the process.
c. cost control
7. Profits may be defined as:
d. revenues minus expenditures.
8. helps develop an accurate projection of a project’s financial expenses and benefits.
c. Life cycle costing
9. is a method for determining the estimated annual costs and benefits for a project.
b. Cash flow analysis
10. Which of the following is true of tangible costs?
b. They can be easily measure
11. are those costs that are difficult to measure in monetary terms.
a. Intangible costs
12. Newtech Inc. hires John for the position of a software programmer to work on their new project. Salary paid to John by Newtech Inc. would be an example of costs.
a. direct
13. Indirect costs are:
d. not directly related to the products or services of a project.
Soles is a footwear company which has recently set up its store in Ambrosia. To manufacture its products, Soles incurs a range of different costs. Which of the following would be an example of an indirect cost?
c. Electric ity used to run its factories
Good Earth, a company manufacturing packaged food products, sets up its stores in Baltonia. However, a year later, the company closes the store down due to high operating costs. In such a scenario, the money spent in paying for the rent of the store in Baltonia would be an example of costs.
c. sunk
16. Which of the following is true of contingency reserves?
a. They allow for future situations that can be partially planned for.
17. Which of the following reserves allows for future situations that are unpredictable?
b. Management reserves
18. The first step in project cost management is:
b. to plan how costs will be manage
19. Which of the following is true of a rough order of magnitude estimate?
b. It provides an estimate of what a project will cost.
20. A rough order of magnitude estimate can be referred to as a estimate.
d. ballpark
21. A cost estimation tool which is used to allocate money into an organization’s budget is known as a estimate.
a. budgetary
22. A estimate is used for making many purchasing decisions for which accurate estimates are required and for estimating final project costs.
b. definitive
23. Which of the following types of estimate use the actual cost of a previous, similar project as the basis for estimating the cost of the current project?
d. Analogous estimates
24. Analogous estimates are also known as estimates.
b. top-down
25. Which of the following is true of analogous estimates?
c. They are most reliable when previous projects are similar in fact with current projects.
26. A cost estimation tool which involves estimating individual work items or activities and summing them to get a project total is known as a(n) estimate.
c. bottom -up
27. Which of the following is true of bottom-up estimates?
d. They are time-intensive and expensive to develop.
28. uses project characteristics in a mathematical model to estimate project costs.
b. Parametric estimating
29. Which of the following is most likely to be a reason for inaccuracies in information technology cost estimates?
b. People lack estimating experience.
30. If the cost estimate for a project is a basis for contract awards and performance reporting, it should be a(n) estimate and as accurate as possible.
b. definitive
31. The main goal of the process is to produce a cost baseline for measuring project performance and project funding requirements.
a. cost budgeting
32. Which of the following is an output of the process of controlling costs?
a. Cost forecasts
33. Which of the following is an input of the process of controlling costs?
b. Work performance data
34. The budget is one of the three values of earned value management and is also known as .
d. planned value
35. Which of the following is true of earned value?
c. It is an estimate of the value of the physical work actually complete
36. Variances are calculated by subtracting the actual cost from .
a. earned value
37. Cost variance is:
b. the earned value minus the actual cost.
38. Schedule variance is:
a. the earned value minus the planned value.
40. Which of the following is true of the schedule performance index (SPI)?
a. It can be used to estimate the projected time to complete the project.
39. The cost performance index (CPI)
b. can be used to estimate the projected
cost of completing the project
| Cuestionario |
|---|
| chapter-6 duplicate |
| chapter-6 edited |
| chapter-5 edited |
| chapter-4 edited |
| chapter-3 edited |
| Sociology 100 Final Exam (Chapters 2 & 3) |
| blood spatter terminology |
| Travel- Exta info i didn't add |
| Italian Pizzas |
| Traditional Pizzas |
| Lower Limb Muscles Origin Insertion and Action |
| Un frere penible |
| History 106 Exam |
| Spanish 101 Exam |
| Humanities 110 Exam |
| Business 121 Exam |
| Religion 110 Exam |
| sexual reproduction in animals |
| reproduction in animals |
| diabetic foot |
| Diabetes |
| Material tenta |
| 13 gezondheidseducatie en bewegingsactiviteiten |
| stems list 8 |
| PhysicsPhysics [Waves] |
| Bio 105 Lecture 9 |
| Biological molecules |
| georgia national real estate exam |
| georgia real estate laws and pratices |
| Biological molecules |
| Intro to Canadian Justice Final |
| 🌎 📜wrld hstryjiba
jiba
jiba |
| TDM, Toxicology, Vitamins, and Tumor Markers |
| SOC109 Final |
| Psychological Dirosders |
| psychology disorders |
| Strat Comm Exam 3 |
| Unit 14: Key Terms |
| OPTA 222 (respiratory) |
| Unit 13: Key Terms |
| BIOLOGIE-CHAPITRE 7 |
| Ses chap 3 |
| aadrijkskunde 2.1 tot 2.3 (3 havo)Ak 3 havo so (juno) |
| L2 S1 : FP Les grands principes budgétaires : Partie 1 (2) |
| Spanish vocab test reading |
| Bio quiz 1 |
| Mental Health and Learning Disability |
| Science |
| CompTIA A+ 1101/1102 Acronyms A-E -copy |
| chap 36town cites town life |
| Pasapalabra |
| Real Estates |
| sciencecharge |
| American Lit Writing Peices |
| vocab ch 13 |
| 8 parts of speech |
| 8 parts of speech |
| science |
| Drama test (Personal). |
| French infinitive words and endingshelp for those who are in need of revision for French, especially, for infinitive endings |
| Week 9 - Skin Care 1 -AHA Exfoliation, Masks and Sun Screen |
| Week 6 - Skin Care 1 - History of Esthetics - A Journey through Time: Then and Now |
| Week 8 - Skin Care 1 - Skin Analysis & Toners |
| BCS Foundation |
| Latin 2nd Declension |
| Latin nouns revisionLatin nouns revision: noun cases and their meanings, 1st declension and 2nd declension endings singular and plural. |
| Ordslista fysisk stridsvärde |
| CEJM |
| Biology Unit 3: Evolution |
| main scene in romeo and juliet |
| romeo and juliet epithets |
| Module 3 Psych |
| aadrijkskunde 2 |
| french |
| NE klas 1 periode 2 toets |
| Theory Comm Exam 3 |
| jordy |
| 737 |
| AI |
| Sociology changing patterns of partnership |
| italiano |
| camel |
| GA laws & practices |
| All Quiet on the Western Front List A |
| FNCE 1 |
| Jr proficiency |
| Chapter 7- Alkyl Halides |
| Kin module 3 quiz |
| BIO CELLS |
| OPTA 222 (endocrine system) |
| Chirurgie générale - Orale |
| farm animal ocular exam |
| yo mamayuh |
| maw |
| BIOLOGY 1.3 |
| IAL Exam |
| Franskafranska |
| L2 S1 : FP Introduction (1) |
| no ekologi |
| geography |
| bio se2 |
| l'économie |
| Youth trends and personal identity (les verbes) |
| French (les verbes- family) |
| health and social |
| L'industrie |
| vocab 12 |
| history vocab quiz |
| science |
| Japanese Unit 5 |
| Bio 111L Skull |
| Fnce |
| bio |
| EMC |
| gcse biology paper 2 |
| Families |
| Business- Booklet E Breakeven |
| Business- Booklet E Cashflow Forecast |
| Business |
| REAL eSTATE EXAM |
| Kin module 2 quiz |
| Kin module 1 |
| BIOLOGY 1.4 |
| belangrijke begrippen |
| Kollen |
| BIOLOGY 1.5 |
| Emergency Equipment Practical |
| canin crew exam |
| klimaat zones |
| Labo - 5 et 6 |
| Box Office |
| Emergency Equipment - copy 1 |
| Science test |
| Kinesiology and Pathologies |
| Kinesiology Shoulder and ArmKey Concepts |
| Romeo and Juliet (Act 3, 4, and 5) |
| FSC 360 final |
| Emergency Equipment |
| histoire |
| radiationalpha , beta ,gamma rays |
| S |
| f |
| BIOLOGY |
| biologie |
| Lecture 5 |
| H3 formules |
| Lecture 4 |
| german 11 |
| japanese |
| media theorists |
| REMEMBER |
| Doctor Who |
| PSYCH 333: AdolescenceFinal on December 11 |
| Renal Medicine |
| chem lab examchem lab exam prep |
| Periodic Table (Pre-IB SC 9) |
| Compounds (Pre-IB SC 9) |
| Aqiedah les 6 |
| Spreekwoorden |
| Endocrinology |
| stofwisselingen en voedingstoffen |
| Aqieda les 5 |
| natuur elementen |
| business |
| Engels irregular verbs |
| Lecture 1 |
| TÅGFÄRD PROV |
| Aqieda les 4 |
| My fav things |
| Science |
| physics chaopet 1 |
| englishyou are the best |
| IGIs wordsA |
| 200 verbs |
| media studies |
| enfant dev.allo |
| Prévention |
| Ento 3. Disease |
| Skeletal system part 1 |
| PhysicsPhysics[Forces in action] |
| Mots en Francais |
| cabin crew |
| PJ-FRENCHvocab |
| french |
| LA Vocab Set 3 |
| RECA exam |
| Accounting |
| bio 1 |
| Social Reviewsocial |
| physics revision |
| hi |
| Loftus and Palmer |
| Grant |
| Vetenskapliga perspektiv och metoder tenta |
| gs |
| abbbbb |
| relationship |
| Chirurgie Générale - Syndromes Occlusifs |
| business learning aim B |
| Capitals |
| Aqieda les 3 |
| Aqieda les 1 + 2 |
| chemistry revision |
| Week 12 - AnatomieLatijnse termen van het lichaam voor tentamen 1.1.3 |
| Social media |
| The Covid-19 Pandemic |
| The Linux kernel |
| MS-DOS 6.22 |
| Windows NT 4.0 |
| spanish revision |
| The first iPhone model |
| Unit 12: Key Terms |
| Unit 11: Key terms |
| Natural disasters |
| Steven Spielberg |
| The Titanic movie |
| The Con Air movie |
| The Matrix movie |
| spabnish |
| Computer history |
| The Simpsons |
| Nuclear war |
| Chir G |
| Begrippenlijst Drama |
| Claire |
| regering o annat |
| Chirurgie générale - Abdomen aigu péritonique |
| Chirurgie Générale - MICI |
| English Vocabulary in Use: Unit 49Vocabulary |
| g |
| geschiedenis begrippen |
| Chirurgie Générale - Indications à la splénectomie |
| UNESCO TW1 stappen van kabinetsvorming |
| Terminologi, ord och uttryck ordtest |
| working in healthand social sector |
| French Unit 1 Revision |
| Franska ord |
| Biology - Respiration |
| Biology - Photosynthesis |
| quizquiz |
| test 1 |
| Biology - Love Matters |
| Biologie Anatomie et Physiologie humaine |
| Biology unit 7 test 5 |
| Bio unit 7 test 4 |
| Unit 7 bio test 3 |
| leaf structure |
| plant cell organisation gcse |
| DNA (replication) and RNA |
| Latijn |
| s |
| Spanish holiday vocabanswer woooo |
| greek vocabulary |
| BIO 3 111L |
| optics unit test |
| nask toetsweek |
| franska miljö & klimat glosor |
| business learning aim A |
| Social psychology - Obedience |
| Social psychology - Prejudice |
| Research Methods pgs 1-33 |
| Biological Psychology - Aggression |
| Week 8 - AnatomieEmbryonaal - volwassen
Somieten
Organisatie bloedvaten
Botten
Belangrijke termen |
| Maori Days.Days Mon-Fri |
| MaoriFlashcards determining objects and position words in Maori that I must remember the translation to. |
| Kraft och rörelse |
| Business |
| Acid-Bases |
| 103.08 quiz |
| Medical terminology - respiratory system |
| climate |
| P |
| Слова на русском 1 |
| 500 полезные слова на русском |
| Русский словарь |
| Music Winter Exam |
