Excluding management reserve and undistributed budgets, the summation of all of the PV for each work package
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Excluding management reserve and undistributed budgets, the summation of all of the PV for each work package should equal BAC.
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Related Book For 
Project Management Workbook And PMP/CAPM Exam Study Guide
ISBN: 9781119169109
12th Edition
Authors: Harold R. Kerzner , Frank P. Saladis
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