Estimator Question:

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What is reserve analysis?

Estimator Interview Question
Estimator Interview Question

Answer:

This is used in monitoring the status of management and contingency reserves so that the project does not suddenly run out of budget.

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What is cost performance index (CPI)?Suppose while a project is ongoing, you realize that an error in your cost estimate of one of the primary resources needed to complete was unaccounted for. What would you do?