Contemporary Project Management (4th Edition)

Chapter 10

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Fixed costs are generally not dependent on the ... more

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Recurring costs most often occur during the ... more

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The expedited costs are as follows:To complete the... more

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Order of magnitude cost estimate serves the aim of... more

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Following conditions need to be met in order to ... more

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The bottom-up method is used to estimate every ... more

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 The various instances of detailed cost estimates ... more

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It may not be possible to avoid the variation in a... more

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An individual may use the vendor bid analysis ... more

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Value engineering refers to the approach that is ... more

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Time value of money means the value of money today... more

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5% of the total costs of the project are put into ... more

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Cost baseline helps in comparing actual spending ... more

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Following data are used by the Software M project ... more

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Cost management plans are important because of the... more

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Managers are required to understand both fixed and... more

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Direct costs are those costs that are related to ... more

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Non-Recurring costs may occur during the planning ... more

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A project manager is using an analogous cost ... more

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 It is important that assumptions should be shown ... more

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Companies created different types of reserves in ... more

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Following are the type of risks:Known Known: ... more

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Some of the examples are:Managers may complete the... more

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Managers use the following cost estimating ... more

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The sudden rise in the prices of raw materials due... more

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Variations refer to the deviation which may occur ... more

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Dummy tasks are created by the managers to know ... more

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Managers may take the following actions:The ... more

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To control the accessible allotment of resources ... more

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To control the accessible allotment of resources ... more

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As the project plan enters into the project life ... more

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Measuring cash flow is the estimation of the cash ... more

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Direct and indirect cost is summed up with the ... more

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The three-point estimating involves the first ... more

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The estimation cannot be quickly created as the ... more

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Project buffer is the time taken by activity more ... more

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The three-point estimating involves various ... more

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Contingency reserve is the amount set aside for ... more

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The ingredients and the costs can be as follows:... more

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The individual has created a sheet that is showing... more

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The individual has created a sheet that is showing... more

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