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indowtext 3.0pt;
padding:0in 0in 1.0pt 0in'>

<h2 style=3D'border:none;mso-border-bottom-alt:solid windowtext 3.0pt;paddi=
ng:
0in;mso-padding-alt:0in 0in 1.0pt 0in'><span style=3D'font-family:Tahoma;
color:olive;font-style:normal;mso-bidi-font-style:italic'>Chapter Seven
Question Outline<o:p></o:p></span></h2>

</div>

<ol style=3D'margin-top:0in' start=3D1 type=3D1>
 <li class=3DMsoNormal style=3D'mso-list:l2 level1 lfo3;tab-stops:list .5in=
'><span
     style=3D'font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Tahoma=
'>Discuss
     why many information technology professionals may overlook project cost
     management and how this might affect completing projects within budget=
.<o:p></o:p></span></li>
 <li class=3DMsoNormal style=3D'mso-list:l2 level1 lfo3;tab-stops:list .5in=
'><span
     style=3D'font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Tahoma=
'>Explain
     some of the basic principles of cost management, such as profits, life
     cycle costs, tangible and intangible costs and benefits, direct and
     indirect costs, and reserves.<o:p></o:p></span></li>
 <li class=3DMsoNormal style=3D'mso-list:l2 level1 lfo3;tab-stops:list .5in=
'><span
     style=3D'font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Tahoma=
'>Give
     examples of when you would prepare rough order of magnitude, <span
     class=3DGramE>budgetary,</span> and definitive costs estimates for an
     information technology project.<o:p></o:p></span></li>
 <li class=3DMsoNormal style=3D'mso-list:l2 level1 lfo3;tab-stops:list .5in=
'><span
     style=3D'font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Tahoma=
'>Give
     examples of using each of the following techniques for creating a costs
     estimate: analogous, parametric, bottom-up, and computerized tools.<o:=
p></o:p></span></li>
 <li class=3DMsoNormal style=3D'mso-list:l2 level1 lfo3;tab-stops:list .5in=
'><span
     style=3D'font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Tahoma=
'>Explain
     what happens during the cost budgeting process.<o:p></o:p></span></li>
 <li class=3DMsoNormal style=3D'mso-list:l2 level1 lfo3;tab-stops:list .5in=
'><span
     style=3D'font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Tahoma=
'>Explain
     how earned value management can be used to measure project performance=
 and
     speculate as to why it is not used more often?<o:p></o:p></span></li>
 <li class=3DMsoNormal style=3D'mso-list:l2 level1 lfo3;tab-stops:list .5in=
'><span
     style=3D'font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Tahoma=
'>What
     are some general rules of thumb for deciding if cost variance, schedule
     variance, cost performance index, and schedule performance index numbe=
rs
     are good or bad?<o:p></o:p></span></li>
 <li class=3DMsoNormal style=3D'mso-list:l2 level1 lfo3;tab-stops:list .5in=
'><span
     style=3D'font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Tahoma=
'>What
     is project portfolio management? Can project managers use it with earn=
ed
     value management?<o:p></o:p></span></li>
 <li class=3DMsoNormal style=3D'mso-list:l2 level1 lfo3;tab-stops:list .5in=
'><span
     style=3D'font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Tahoma=
'>Describe
     the different types of software that project managers can use to suppo=
rt
     project cost management.<o:p></o:p></span></li>
</ol>

<p class=3DMsoNormal><span style=3D'font-size:10.0pt;mso-bidi-font-size:12.=
0pt;
font-family:Tahoma'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal><span style=3D'font-size:10.0pt;mso-bidi-font-size:12.=
0pt;
font-family:Tahoma'><o:p>&nbsp;</o:p></span></p>

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