The lecture Control Costs by Sean Whitaker is from the course PMP Training – Become a Project Management Professional (EN). It contains the following chapters:
Which of the following would be a useful input to help you control project costs?
The earned value on your project is $18,000, the planned value is $20,000 and the actual cost is $15,000. What is your cost variance?
The earned value on your project is $15,000, the planned value is $20,000 and the actual cost is $18,000. What is your schedule variance?
After measuring your project performance you note that your schedule variance is $75,000. What would your BEST course of action be?
What is your Schedule Performance Index (SPI) is you have an Earned Value of $15,000, a CPI of 1.1 and a Planned Value (PV) of $10,000?
What is your Cost Performance Index (CPI) if you have an Earned Value (EV) of $20,000 and a Actual Cost (AC) of $20,000?
If you have a budget at completion (BAC) of $400,000 and a cost performance index of 1.1 what is your estimate at completion?
If you have an actual cost of $270,000 and an estimate to complete of $130,000 what is your estimate at completion?
If you have an actual cost of $100,000, a budget at completion of $250,00 and an earned value of $90,000 what is your estimate at completion?
If you have an actual cost of $100,000, a budget at completion of $250,00, an earned value of $90,000, a cost performance index of 1.1 and a schedule performance index of 0.95 what is your estimate at completion?
If you have an estimate at completion of $100,000 and an actual cost of $40,000 what is your estimate to complete?
If you have an estimate at completion of $900,000 and a budget at completion of $850,000 what is your variance at completion?
Which of the following is not an output from the control costs process?
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