Actual cost ac Study guides, Class notes & Summaries

WGU C176 Project Management TPV1 Rated A+ Acceptance criteria Requirements and conditions that must be met before the project deliverables are formally accepted. Acceptance test A group of end-users work with the final product to test it for unidentified issues that may appear during routine use. Also known as User Acceptance Testing (UAT). Actual duration The number of hours or days expanded to complete a project activity. Actual effort The actual number of person hours or days expended...

Acceptance criteria - Requirements and conditions that must be met before the project deliverables are formally accepted. Acceptance test - A group of end-users work with the final product to test it for unidentified issues that may appear during routine use. Also known as User Acceptance Testing (UAT). Actual duration - The number of hours or days expanded to complete a project activity. Actual effort - The actual number of person hours or days expended to complete an activity. Activit...

What does RFP stand for? - Answer- Request for Proposal What does PV stand for? - Answer- Present Value What is planned value? - Answer- the authorized budget assigned to a work schedule What does EV stand for? - Answer- Earned Value What is earned value? - Answer- the measure of work performed expressed in terms of the budget authorized for that work What does AC stand for? - Answer- Actual Cost What is actual cost? - Answer- the realized cost incurred for the work performed o...

ITPM - Cost Management Exam Questions And Answers 100% Verified 2024/2025 BAC Budget at completion - No formula—it's the project budget - How much money you'll spend on the project PV Planned value - BAC * Planned % complete - What your schedule says you should have spent (planned) EV Earned value - BAC * Actual % complete - How much of the project's value you've really earned AV Actual cost - What you've actually spent on the project - How much you've actually spent so ...

WGU C176 Project Management TPV1 Exam With 100% Correct Answers 2023 Acceptance criteria Requirements and conditions that must be met before the project deliverables are formally accepted. Acceptance test A group of end-users work with the final product to test it for unidentified issues that may appear during routine use. Also known as User Acceptance Testing (UAT). Actual duration The number of hours or days expanded to complete a project activity. Actual effort T...

CAPM Exam Question and answers 100% correct 2023/2024Cost Variance formula - correct answer Earned Value (EV) - Actual Cost (AC) What are the 6 constraints? - correct answer Scope, Risk, Resources, Quality, Schedule, Budget Initiating (Process Group) - correct answer Processes performed to define a new PROJECT or a new PHASE of an existing project Planning (Process Group) - correct answer Processes performed to establish total scope of effort, define and refine objectives, and develop ...

PTCB EXAM QUESTIONS WITH VERIFIED SOLUTIONS Which dosage form would use the process of inunction to be absorbed into the body? Ointments If a medication has an expiration date of 3/06, when will it expire? The last day of March 2006 Which of the following interpretations of "i cap qid ac and hs" is correct? Take one capsule by mouth before meals and at bedtime What does the suffix -ectomy mean? Removal How many 500-mg doses can be prepared from a 10-g vial of cefazolin...

PTCB Exam Questions And Answers Latest Update Graded A+ Which dosage form would use the process of inunction to be absorbed into the body? Ointments If a medication has an expiration date of 3/06, when will it expire? The last day of March 2006 Which of the following interpretations of "i cap qid ac and hs" is correct? Take one capsule by mouth before meals and at bedtime What does the suffix -ectomy mean? Removal How many 500-mg doses can be prepared from a 10-g vial ...

CAPM Exam Questions and Answers 100% Pass Cost Variance formula Earned Value (EV) - Actual Cost (AC) What are the 6 constraints? Scope, Risk, Resources, Quality, Schedule, Budget Initiating (Process Group) Processes performed to define a new PROJECT or a new PHASE of an existing project Planning (Process Group) Processes performed to establish total scope of effort, define and refine objectives, and develop a course of action to attain the objectives Executing (Process Group) Processes perfo...

80/20 rule - ️️A general guideline with many applications; in terms of controlling processes, it contends that a relatively large number of problems or defects, typically 80%, are commonly due to a relatively small number of causes, typically 20%. AB testing - ️️A marketing approach used to determine user preferences by showing different sets of users similar services with one independent variable. AC* (Actual Cost) - ️️The realized cost incurred for the work performed on an a...