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Project accounting methods recording and reporting of

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Project accounting methodsRecording and reporting of variations.
1.10.What is a cost objective that could be applied to your project?
Assessment ToolQualificationBSB41515 Certificate IV in Project ManagementCluster number and name:PMC4 3.2 Apply project costs management techniquesUnits of competency:BSBPMG412 Apply project cost management techniquesStudent’s ID and full name:42789/MIGUEL PORRASAssessor’s name:VINEET SINGH
PMC4 3.2 BSBPMG412 Assessment toolVersion 1 Issued 7/8/2017Page 7 of 14
1.11.How could this cost objective be broken or unachievable and how what action would you take toensure the cost objective remains achievable?
1.12.What is the procedure your organization uses to finalize and transfer financial assets, liabilities andrecords to relevant parties upon the completion of a project?
1.13.Explain how you would review the project outcomes through the use of project cost records in orderto determine the effectiveness of cost-management processes. Note the project’s:a.Estimated budget
Assessment ToolQualificationBSB41515 Certificate IV in Project ManagementCluster number and name:PMC4 3.2 Apply project costs management techniquesUnits of competency:BSBPMG412 Apply project cost management techniquesStudent’s ID and full name:42789/MIGUEL PORRASAssessor’s name:VINEET SINGHPMC4 3.2 BSBPMG412 Assessment toolVersion 1 Issued 7/8/2017Page 8 of 14

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