part 1)

The first step should be taken when doing a project closeout audit is:

Group of answer choices

identifying project success factors (areas where project performed better than expected).

identifying the areas of the project where problems took place.

validating the project costing data and making sure that costs were coded to the appropriate project and cost codes and all costs have been accounted for.

calculating the Cost Performance Index (CPI)

PART 2)

A Cost Performance Index (CPI) greater than 1.0 indicates a project is over the budget while a CPI less than 1.0 indicates a project is under the budget.

Group of answer choices

true

false