n Agile efforts . C] Have a defined cost and variable scope C] Are costly C] Have variable budget | Have a defined scope and schedule a Which of these is a common way to determine the cost at completion of a proiect? I EAC C] PV C] EV C] BAC a Project price . C] Is set by the project stakeholders C] Does not include profit margin | Is the same as project cost C] Is set by the performing organization and includes profit margin Cost management includes all of the following EXCEPT C] Cost of all project tasks C] Costs of purchases needed for the product or service C] Warrantee costs C] Salaries of stakeholders a Which of the following is true of direct costs? Q C] They are unrelated to the project. C] They are directly related to the cost of performing the project work. C] They are billed only ifincluded in contract. C] They are not included in projects. a Which of the following is true of project costs? C] They are set by the contract. C] They may be impacted by an approved change to scope. C] They cannot be changed. C] They are estimated by the project team. If a project is currently in execution and project work is being performed, which of the following represents the estimated value of the work accomplished? C] SPI C] EV C] AC C] PV 5 Comparing actual cost variance across projects uses an index rather than dollar amount, because . C] Current interest rates are not included in monetary value C] Dollar variance is relative to the size of the project C] Variances in schedule are not included C] Monetary variance does not include foreign currency a Risk management includes costs . C] As a flat rate C] That the project does not get budget for C] Based off risk probability and impact percentage C] Set aside into a single management reserve based on project sizes a What are project setup costs an example of? C] Overhead costs C] Fixed costs C] Variable costs C] Direct costs