Cumulative actual cost (CAC)should be calculated to compare to the cumulative budgeted cost (CBC).
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Q11: Based on analysis of actual cost it
Q12: Committed costs are also known as discharged
Q13: When the CPI goes below 1.0 or
Q14: Historical data can be used as a
Q15: Materials costs in the project costs estimate
Q17: It is important to manage the cash
Q18: The key to effective cost control is
Q19: Labor costs in the project costs estimate
Q20: The key to effective cost control is
Q21: A cost is determined for each period,
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