Multiple Choice
The key to effective cost control is to
A) aggressively address negative cost variances and cost inefficiencies as soon as they are identified.
B) aggressively address positive cost variances and cost inefficiencies as soon as they are identified.
C) extend the project schedule to complete the project in time.
D) all the project to continue and improve.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: The _ for the entire project or
Q10: In many projects, when large dollar amounts
Q11: Historical data can be used as a
Q12: To keep track of _ on a
Q13: Plot _ curves on the same graph
Q15: A cost is determined for each period,
Q16: Large projects would have charge codes for
Q17: If you put off corrective actions until
Q18: Calculate the forecasted cost at completion if
Q19: It's crucial that cost variances and inefficiencies