PROJ 587 Week 3 DQ 2 Project Cost

# PROJ 587 Week 3 DQ 2 Project Cost

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PROJ 587 Week 3 DQ 2 Project Cost

PROJ 587 Advanced Program Management - DeVry

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Week 3: Strategic Decision Management - Discussion

Whether you are a project manager or a program manager, you will be concerned with project cost. Below is a list of terms that you would see and use when working with project cost. Choose only one, explain it, and give some examples of how it works.

? Planned Value (PV)

? Variance At Completion (VAC)

? Actual Cost (AC)

? Probability (P)

? Earned Value (EV)

? Impact (I)

? Budget at Completion (BAC)

? Expected Monetary Value (EMV)

? Cost Variance (CV)

? Schedule Variance (SV)

? Standard Deviation (SD)

? Cost Performance Index (CPI)

? ...

PROJ 587
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