CEE 4303 Lecture 23: Chapter 9 Discussion - Lecture 23
25 Mar 2016
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Document Summary
Lecture 23 chapter 9 importance/discussion: a stoppage purchase is the purchase that was not originally planned for that is incurred to fix an unexpected problem. It is a change needed internally in process or scope or work done for a job order. It moves money from contingency to the category with the error in order to fix the budget. Internal change order is used towards perfection and to achieve correct job plan done: the cost performance index (cpi) measures the success of the project"s management to complete the work under budget. Because some bills are submitted late, it is hard to get the actual cost of the work performed current to a specific date without including costs that have occurred after that date.
