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What is the PERT cost estimate if a team optimistically feels a task could cost as little as $5,000, pessimistically believes a task could cost as much as $15,000 and thinks it will most likely cost $7,000?
How much should a project team spend to execute a project if the estimated budget is $50,000, the management reserve is $5,000 and the expected profit from the project is $5,000?
A Cost Histogram:
Which of the following is NOT a direct benefit of a cost S-curve?
What is the CPI if the total budget for a project is $100,000 (as of an approved status date), the actual amount the team has spent is $80,000 and the work is 60% complete?
What does it mean if a project has a CPI of 0.90?
From which document can a project team obtain initial budget information?
What is a top-down budget?
A Work Breakdown Structure is the foundation for effective estimating because:
What is bottom-up estimating?