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Review Questions

1.What is a budget?
2.What is an order of magnitude estimate, and when is it created?
3.In what processes are work effort estimates and duration estimates used?
4.What is a loaded salary rate?
5.What is an average salary rate?
6.What is a reserve?
7.What are two types of reserves?
8.What are the two differences between a project reserve and a managerial reserve?
9.What is a fee?
10.What is budget reconciliation?
11.What is the cost baseline?

 


  

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