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The chart below shows planned costs and actual expenditures. Between times 4 and B the chart indicates which type of cost?
Suggested Answer: C
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34 comments · newest first
MI
Ming
9 months ago
I think it's just a control issue, honestly.
JE
Jennifer
9 months ago
Wait, are we sure it's not out of control?
TY
Tyra
9 months ago
Looks like it's an overrun between times 4 and B.
GE
Geoffrey
10 months ago
I'm leaning towards "overrun" because it fits the context of costs exceeding what was planned, but I could be mixing it up with another concept.
TE
Tennie
10 months ago
This seems similar to a question we did on budget management, and I feel like "control" could be the right answer, but I need to double-check.
TW
Twana
10 months ago
I remember a practice question where we discussed costs going out of control, but I don't think that's the right term here.
AU
Audry
10 months ago
Totally agree, definitely an overrun!
JE
Jesusita
10 months ago
Surprised to see the actual costs so high!
MA
Marylyn
11 months ago
I think it might be an overrun since the actual expenditures are higher than planned, but I'm not entirely sure.
LA
Laticia
11 months ago
I'm feeling pretty confident about this one. The chart is showing a divergence between planned and actual costs, which indicates an overrun or loss of control over the budget. I'll select "Out of control" as the best answer.
HE
Helga
11 months ago
Okay, I think I've got this. The chart is showing planned costs versus actual expenditures, and between times 4 and B, it looks like the actual expenditures are higher than the planned costs. So the answer is probably "Overrun".
JO
Johnathon
11 months ago
Hmm, I'm a bit unsure about this one. The chart doesn't seem super clear to me, and the answer options are a bit vague. I'll have to think it through step-by-step.
LA
Lauran
12 months ago
This looks like a straightforward question about cost analysis. I'll carefully review the chart and options to determine which type of cost is indicated between times 4 and B.
ED
Edison
12 months ago
Based on the options provided, I think "Control" is the best answer. The chart is showing the project team's ability to manage costs and stay within the planned budget.
DA
Daniela
12 months ago
I'm a bit confused by the wording of the question. Is it asking about the type of cost, or the overall situation? I'll need to re-read it a few times to make sure I understand.
KA
Kandis
1 year ago
Overrun seems like the most logical answer here. The chart is showing actual expenditures exceeding the planned costs, which indicates an overrun.
CA
Candida
1 year ago
Hmm, this looks like a tricky one. I'll need to carefully analyze the chart to determine what's happening between times 4 and B.
VA
Vallie
1 year ago
This is a classic case of 'the numbers don't lie.' I'd have to go with A) Overrun on this one.
MO
Monroe
1 year ago
Yes, it's definitely an overrun situation based on the chart.
ST
Steffanie
1 year ago
I agree, the numbers clearly show an overrun.
JE
Jeffrey
1 year ago
Ha! Looks like someone's in the doghouse with the finance team. C) Benefit? I don't think so, buddy.
RA
Raul
1 year ago
I think it's a benefit cost, as it could be due to unexpected positive outcomes.
DE
Devon
2 years ago
I'm going with D) Control. The chart is likely showing the project managers' efforts to get the costs back under control.
BE
Benedict
2 years ago
But the chart shows actual expenditures exceeding planned costs, which indicates it's out of control.
VA
Valentin
2 years ago
I disagree, I believe it's an overrun cost.
KR
Kristofer
2 years ago
B) Out of control seems like the most appropriate choice here. The costs are spiraling out of control based on the information provided.
LU
Lucina
1 year ago
C) Benefit
BL
Blair
1 year ago
B) Out of control
LE
Leontine
1 year ago
A) Overrun
BE
Benedict
2 years ago
I think the cost is out of control.
AR
Armando
2 years ago
I think the answer is A) Overrun. The chart clearly shows the actual expenditures exceeding the planned costs during that time period.
CA
Candra
1 year ago
It seems like there was definitely a cost overrun between times 4 and B based on the chart.
BE
Beata
1 year ago
I think you're right, the actual expenditures went over the planned costs at that point.
DE
Detra
1 year ago
I agree, it looks like there was an overrun in costs during that time period.