What are the disadvantages of the Experience/Opinion approach to determining per cent complete?

Paper details: 1. Define the term “cost” as it applies to project control. Explain how it is affected by its frame of reference. 2. What are the disadvantages of the Experience/Opinion approach to determining per cent complete? 3. Identify the acronym BCWP and provide its definition.

Discuss:CVP analysis focuses on the relationship between cost and profitability. Do you think analysis on the behaviour of cost alone is sufficient in making operational decisions?

1.CVP analysis focuses on the relationship between cost and profitability. Do you think analysis on the behaviour of cost alone is sufficient in making operational decisions? 2. please add a question to continue a topic