Question: 1. What does it mean when cost variance is negative? What does it mean when cost variance is positive? When evaluating a work package with

1. What does it mean when cost variance is negative? What does it mean when cost variance is positive? When evaluating a work package with a negative cost variance, on what two types of activities should you focus? Why?

2.What is the key to managing cash flow? How can this goal be accomplished?

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