Solved

Let B = Budgeted Total Cost for a Work Package

Question 49

Multiple Choice

Let B = budgeted total cost for a work package T = estimated completion time for a work package
P = percent complete
A = actual expenses to date
M = time used to date
What is the definition of cost overrun, C?


A) C = A - PB
B) C = A - (1 - P) TB
C) C = A - PTB
D) C = A - MB/T

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q44: Any attempt at resource leveling always will

Q45: If a critical task is delayed, we

Q46: In project scheduling, activities:<br>A)must be completed sequentially.<br>B)are

Q47: Why must we solve two linear programming

Q48: Explain the Excel functions<br>NORMINV(0.98,200,10)<br>NORMDIST(190,200,10,TRUE).

Q50: The earliest start (ES) time for an

Q51: GANTT stands for "Generalized Activity Normalization Time

Q52: Since PERT allows randomness, it is not

Q53: For the data in problem 6,<br>A.Write a

Q54: In a PERT network, you are