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Cost Management Interview Question:

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You are the project manager for a railroad construction project. Your Sponsor has asked you for a forecast for the cost of project completion. The project has a total budget of $80,000 abd CPI of .95 . The project has spent $25,000 of its budget so far. How much more money do you plan to spend on the project?

A. $59,210
B. $80,000
C $84,210
D $109,210

Submitted by: Administrator

A. $59,210
Submitted by:

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Top Cost Management Questions

☺	Which type of cost is team training? A. Direct B. NPV C. Indirect D. Fixed

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You have been asked to select between three projects. Project A has a net present value of $54,750 and will take six months to complete. Project B has a net present value of $85,100 and will take two years to complete. Project C has a net present value or $15,000 and a benefit-cost ratio of 5:2. Which project should you choose?

A. Project A
B. Project B
C. Project C
D. There is not enough information to decide.

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☺	Value analysis is performed to get: A. More value from the cost analysis B. Management to buy into the project C. The team to buy into the project D. A less costly way of doing the same work

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