PMP Exam Simulator
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PMP exam lasts 230min and has 180 questions
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Cost Management
The project manager is overseeing the project to develop a printer that would use twice as less ink as a regular printer. Also, the functionality must include the feature to switch between ink and laser printing. The project manager is not sure whether they have enough funding to complete the project. He decides to use a technique of reconciling the expenditure of funds with the funding limits set for the project. In other words, he wants to check costs against the project's budget. As per the variance between the expenditure of funds and planned limit, he is trying to reschedule activities to level out the rates of expenditures. The technique the project manager is using is: