Based on analysis of actual cost it is possible to forecast what the total costs will be at the completion of the project or work package.
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Q6: The key to managing cash flow is
Q7: It is good practice to have the
Q8: Cost estimates should be unreasonable and excessive.
Q9: The total project cost is often estimated
Q10: Equipment costs in the project costs estimate
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
Q16: Cumulative actual cost (CAC)should be calculated to
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