Cost Management

Most interesting questions on Cost Management:

• Which of the following is the primary constraint for this project?  
• You’ve been asked to perform a benefit/cost analysis for two proposed projects  
• One common way to compute estimated at completion (EAC) is to take the project budgeted-at-completion and:  
• Including a contingency reserve in the project budget is intended to:  
• Of the following estimates, which most accurately reflect the actual cost of the project?  
• All of the following are examples of tools often used in cost estimating except:  
• To transfer most of the cost risk to the contractor, the client may use a ___________ contract.  
• In making an investment in a project, investors require compensation for which of the following?  
• Which is not true in regard of RoI (Return on Investment)?  
• What is the Internal Rate of Return (IRR) of a project?  
• What is Cost baseline?  
• How many identical valve housing is needed by the project manager?  
• You are working on the cost budget for this project. Which of the following is true? (1 answer)
• Which project should you recommend? (1 answer)
• Bottom-up estimating techniques (1 answer)
• The acronym CPPC stands for? (1 answer)
• Cost control outputs include all of the following except: (1 answer)
• Inputs to cost budgeting include all of the following except: (1 answer)
• The _________ is a time-phased budget that will be used to measure and monitor cost performance in the project. (1 answer)
• In regards of a cost baseline all of the following is true except (1 answer)
• Which is not true in regard of RoI (Return on Investment) for a project? (1 answer)
• What if project is calculated with very small margin during operations? (1 answer)
• Which is the PTA of the project?  (1 answer)
• Which of the following is true in regard to the Code of Accounts? (1 answer)
• What will you do to cut cost estimate? (1 answer)
• What is generally the best explanation of project metrics lowering? (2 answers)
• Is this project successfull? (2 answers)