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CAPM · Question #159
CAPM Question #159: Real Exam Question with Answer & Explanation
The correct answer is B: US$120,000. See the full explanation below for the reasoning.
Predictive, Plan-Based Methodologies
Question
A project has an estimated duration of 10 months with a total budget of US$220,000. At the end of the fifth month, it is estimated that at completion, the project will incur US$250,000. If the actual cost (AC) calculated is US$150,000, what is the earned value (EV) of the project?
Options
- AUS$-30,000
- BUS$120,000
- CUS$370,000
- DUS$400,000
Topics
#Earned Value Management#Estimate At Completion#Cost Performance#Forecasting
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