GSC Project Manager Practice Questions - CCA Gold Seal Certified Project Manager Exam

If a project shows 'underbilling' (costs and estimated earnings in excess of billings), what is the most likely cause?

Unapproved change orders where work has been performed but cannot yet be billed. A front-loaded Schedule of Values that has been heavily billed. Delay in procuring major equipment that was budgeted early in the project. Subcontractors billing ahead of their actual physical progress.

Correct Answer:

Unapproved change orders where work has been performed but cannot yet be billed.

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