Question: Ques 1. What actions should a project manager take to control costs? Ques 2. The cost performance index (CPI) and the schedule performance index

Ques 1. What actions should a project manager take to control costs?

Ques 1. What actions should a project manager take to control costs? Ques 2. The cost performance index (CPI) and the schedule performance index (SPI) can be charted each month to show the project trends. Based on the diagram, what would you be more concerned about- cost or schedule- if you were taking over the project from another project manager? 1.S 1.3 1.1 0.9 0.7 1st 2nd 3rd 4th Qtr Qtr Qtr Qtr SPI CPI Ques 3. Think of a project that you have been involved in where the project costs incurred were higher than originally planned. Describe the project and indicate why you think the costs were higher than anticipated. To do: Describe two techniques that may have helped eliminate or reduce the cost overruns. Ensure that you fully explain why the techniques would have helped eliminate or reduce the cost overruns- you must explicitly indicate the reason(s). Activate Win Go to

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