PMI-SP · Question #280
Cathy is the project manager of the NNQ Project. She currently has completed 45 percent of the project but was scheduled to have 65 percent of the project completed. This project has a budget of…
The correct answer is C. $441,025.64. The estimate at completion (EAC) formula is the Budget at Completion (BAC)/Cost Performance Index (CPI). In this instance, the CPI is .78 and the BAC is $344,000. Cathy's project isn't doing Answer option D is incorrect. This value represents the estimate to complete for the…
Question
Cathy is the project manager of the NNQ Project. She currently has completed 45 percent of the project but was scheduled to have 65 percent of the project completed. This project has a budget of $344,000 and was scheduled to last four months. Cathy has spent $198,998 to date on the project. Based on this information, what is the estimate at completion for the NNQ Project?
Options
- A-$98,217.78
- B-$44,198
- C$441,025.64
- D$243,219.78
How the community answered
(16 responses)- A6% (1)
- B6% (1)
- C63% (10)
- D25% (4)
Explanation
The estimate at completion (EAC) formula is the Budget at Completion (BAC)/Cost Performance Index (CPI). In this instance, the CPI is .78 and the BAC is $344,000. Cathy's project isn't doing Answer option D is incorrect. This value represents the estimate to complete for the project. Answer option B is incorrect. This value represents the negative cost variance. Answer option A is incorrect. This value represents the negative value the project will have once all the work is
Topics
Community Discussion
No community discussion yet for this question.