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PMP Games: Crossword Puzzle – Cost Management – Answer

Answer for the crossword puzzle PMP Games: Crossword Puzzle – Cost Management on Cost Management (7th chapter) of PMBOK Guide 6th edition.



 

Across

3: The process of developing an approximation of the monetary resources needed to complete project activities. [EstimateCosts]
5: The measure of work performed expressed in terms of the budget authorized for that work. [Earnedvalue]
7: A quantifiable deviation, departure, or divergence away from a known baseline or expected value. [Variance]
11: The realized cost incurred for the work performed on an activity during a specific time period [ActualCost]

Down

1: A provision in the project management plan to mitigate cost and/or schedule risk. [Reserve]
3: A technique used to shorten the schedule duration for the least incremental cost by adding resources. [Crashing]
5: A technique for estimating the duration or cost of an activity or a project using historical data from a similar
activity or project. [Analogous]
7: A cost that has already been incurred and thus cannot be recovered [SunkCost]
11: An estimating technique in which an algorithm is used to calculate cost or duration based on historical data
and project parameters. [Parametric]
16: The activity cost based on analysis of the worst-case scenario for the activity. [Pessimistic]

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