Exam PMI-SP topic 2 question 188 discussion

Actual exam question from PMI's PMI-SP

Question #: 188
Topic #: 2

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?

A. -$98,217.78
B. -$44,198
C. $441,025.64
D. $243,219.78

Show Suggested Answer

Suggested Answer: C 🗳️
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 too well.
Incorrect Answers:
A: This value represents the negative value the project will have once all the work is completed.
B: This value represents the negative cost variance.
D: This value represents the estimate to complete for the project.

by Mopar at Aug. 10, 2020, 9:10 p.m.

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ed55bcd

8 months, 1 week ago

EAC formula: EAC= AC+[BAC-EV]/CPI

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Mopar

4 years, 2 months ago

The explanation has nothing to do with the answer. (198998/45)*100

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Exam PMI-SP topic 2 question 188 discussion

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ed55bcd

Mopar

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