Wednesday, 7 January 2015

Estimates #4

Q: The ability to achieve cost savings is inversely proportional to _______

a) The estimated costs to complete;
b) None of the other alternatives apply;
c) Empowerment of the PM;
d) The earned value achieved to date;
e) Productivity.

A: d)

In the project initiation phase estimation is rough therefore it can fluctuate -50%  to +100%.


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