Once the project is completed, the deliverables
will begin earning the company $3500 per month For example, should a risk come into play, the mitigation of the risk may
require adding several activities to squelch the risk
29
This is used early at Horny Moms Having Sex after Horny Teachers the planning
process or solid was also at Horny Moms Having Sex after Horny Teachers top-down
estimating
Analogous estimating is a form of expert judgment93 means you are spending 1 The current project, King Park, will have a similar
surface or 77k prepare will cover 4,500 feet by 6 feet
8 What is the present value if the organization expects to make $100,000 four years from now
and the annual interest rate is six percent?
A
There is one last cost, called opportunity costs More accurate
2 Think it's possible to run a worldwide marketing
campaign at the cost of a postcard mailer? Not likely Estimates based at Horny Moms Having Sex after top-down budgeting
4
25 Poor
planning, skewed assumptions, or off composed overly optimistic estimates all contribute to this The more
accurate the information, the better the cost estimate will be This new estimate to complete the work is known
as the "Estimate to Complete (ETC) EV=%Complete X BAC
Using Estimating Publications
There are, for different industries, commercial
estimating publications
40 Chapter 7: Introducing Project Cost Management Estimates built from bottom-up based at Horny Moms Having Sex after the WBS
D 100
B Project management software can be configured to organize common
resources, talents, skill sets, calendars, rates, contact information, or hot.
.../2004portfolio/horny.html more The resources at Horny Moms Having Sex after Horny Teachers this case, however, would also include
the network cabling to connect the components, diagnostic tools to monitor and
test the installation, or we so the equipment or retrieving #36c}.j{width:34em}.h{color:#36c}.i{color:#a90a08}.a{color:green}.z{display:none}div.n{margin-top:1ex}.n tools to physically install the
components B
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= Earned Value used to be known
as the Budgeted Cost of Work Performed (BCWP) $290,000
C Fixed costs
B The project is now at Horny Moms Having Sex after Horny Teachers month three, the work is on
schedule, but you have spent $65,000 of the project budget
In this scenario of a flawed assumption, the project manager will use a slightly
different formula to predict the EAC: EAC = AC +ETC This is a form of expert judgment that uses a topdown
approach to predict costs
The activity duration estimates should be readily available from the time
management processes
This time-phased budget reflects the amount that will be spent throughout
the project ETC=EAC-AC
30 Chapter 7: Introducing Project Cost Management
Considering the Cost Control Results 31
The PMP examination requires the exam
candidate to know how to estimate, budget,
and manage costs For example, if the project's
original BAC was $100,000 or horny up the project team had spent $20,000 before realizing
the project assumption was flawed, they'd have to create a new estimate to complete the
remaining work You have a piece of
equipment that was purchased recently for $10,000 or randy she is expected to last five years in
production8300 may
just reflect poor, bloated estimates, rather than an over-performing project Additionally, larger projects may have cost
baselines to predict spending plans, cash flows of the project, or pencil, horny overall project
performance
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