Cost management questions
I am getting confused with some of these answers,Please help me answering these questions to clear my concept:-(
- Reserve Analysis a technique NOT used in:
- Estimate Costs
- Determine Budget
- Control Costs
- Estimate Activity Duration
- _______ is not part of the Earned Value calculations.
- Known Unknowns
- Unknown Unknowns
- Project Budget
- Amount of work completed
- What is the BEST way to make an accurate forecasting of ETC?
- Manual Forecasting of cost of remaining work.
- BAC – EV
- (BAC – EV)/CPI
- EAC - AC
- Which of the following is not done as part of Performance Measurements?
- Calculating Planned Value
- Calculating Earned Value
- Calculating ETC
- Calculating Cost Variance
- A particular project in the domain of civil construction requires that every on-site worker be insured. Which of the following inputs BEST conveys this requirement to the Cost Estimation process so that the insurance cost is estimated and subsequently budgeted?
- Enterprise Environmental Factor
- Organizational Process Assets
- Project Scope Statement
- Project Management Plan