When the CPI goes below 1.0 or gradually gets smaller, corrective action should not be taken, the project is performing well.
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Q8: Cost estimates should be unreasonable and excessive.
Q9: The total project cost is often estimated
Q10: Equipment costs in the project costs estimate
Q11: Based on analysis of actual cost it
Q12: Committed costs are also known as discharged
Q14: Historical data can be used as a
Q15: Materials costs in the project costs estimate
Q16: Cumulative actual cost (CAC)should be calculated to
Q17: It is important to manage the cash
Q18: The key to effective cost control is
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