Question: it a project mangement question Chapter 7: Determining Costs, Budget, and Earned Value TRUE/FALSE 1. It is good practice to have the person who will
it a project mangement question
Chapter 7: Determining Costs, Budget, and Earned Value TRUE/FALSE 1. It is good practice to have the person who will be responsible for the costs associated with the work make the cost estimates. 2. Committed costs are also known as discharged or postponed costs. 3. If you put off corrective actions until some point in the distant future, the negative cost variance may deteriorate in the project. 4. The key to managing cash flow is to ensure that cash comes in faster than it goes out. 5. The worst scenario from the contractor's point of view is to have the customer make only one payment at the end of the project
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