33 b. Use the cost estimate from a previous project to help you prepare this estimate a. Locate a computerized tool to assist in the process c. Identify and estimate the cost for each work package or activity d. Consult with subject matter experts and use their suggestions as the basis for your estimate 10. Management has grown weary of the many surprises, mostly negative, that occur on your projects. In an effort to provide stakeholders with an effective performance metric, you will use the to-complete performance index (TCPI). Its purpose is to a. Determine the schedule and cost performance needed to complete the remaining work within management's financial goal for the project b. Determine the cost performance needed to complete the remaining resources to meet management's financial goal c. Predict final project costs d. Predict final project schedule and costs 11. If operations on a work package were estimated to cost $1,500 and finish today but, instead, have cost $1,350 and are only two-thirds complete, the cost variance is a. $150 b. -$150 c. -$350 d. -$500 PMP Exam Preparation: Test Questions, Practice Test, and Simulated Exam 12. When you review cost performance data on your project, different responses will be required depending on the degree of variance or control thresholds from the baseline. For example, a variance of 10 percent might not require immediate action, whereas a variance of 100 percent will rocureinuatisation on afbou