Using the cost estimate you created above, prepare a cost baseline by allocating the costs by WBS for each month of the project. Assume you have completed three months of the project. The BAC was $500,000 for this six-month project.
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An overdraft is what occurs when you withdraw from an ATM, write a check, or make a debit card or electronic payment without sufficient funds in your account. Your bank will enter a negative balance and will become âoverdrawnâ. Or the bank/credit union will reject your payment request.