Cost management- Knowledge area Flashcards

1
Q

Cost mgmt definition

A

Develops and controls the cost baseline for the project

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Cost aggregation

A

a

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Contingency reserve

A

a

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Management reserve

A

a

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Funding limits

A

a

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Cost of quality

A

pg 283 PMBOK

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

BAC

A

A

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

S-Curve

A

a

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

AC

A

a

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

PV

A

pg 264

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

EV earned value

A

how much have we actually earned

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Cost baseline

A

a

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Cost variance (CV)

A

a

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

CPI

A

A

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Schedule variance (SV)

A

how are u doing with respect to time, in the project?

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

SPI

A

schedule performance index-screenshot

17
Q

EAC-Estimate at completion

A

look at screenshot

18
Q

ETC

A

Estimate to cost

19
Q

TCPI

A

To complete performance index- can u control the cost

20
Q

VAC- Variance at completion

A

look at screenshot