Which of the following is true about managing cash flow?
A) The project manager prefers to keep the company's money working in other investments until the last moment before transferring it to the project account.
B) If estimates are rarely exceeded, the estimating method need not be reviewed.
C) Occurrences that increase costs above the original estimates are uncommon in projects.
D) Instead of underestimating each cost, money is budgeted for dealing with planned but statistically unpredictable cost increases.
E) It is not possible to predict which activities cost more than expected but it is reasonable to assume that some of them will be.
Correct Answer:
Verified
Q21: The process of subtotaling costs by category
Q22: To calculate the EAC, the estimate to
Q23: The process of matching funds provided with
Q24: _ refers) to decisions based on incomplete
Q25: _ is money that is available for
Q27: If the costs of the activities up
Q28: _ are measurable factors that can be
Q29: _ is the money held to pay
Q30: Estimate to complete equals budget at completion
Q31: Contractual agreements with vendors can be managed
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents