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Exam PgMP topic 1 question 45 discussion

Actual exam question from PMI's PgMP
Question #: 45
Topic #: 1
[All PgMP Questions]

A program has a budget at completion of $1,250,000 and has already spent $425,000. The program is running late due to some vendor delays; the program is only 30 percent complete though it was scheduled to be 45 percent at this time. Based on this information how much more money will this program need to finish?

  • A. $978,445
  • B. $919,325
  • C. $991,667
  • D. $987,544
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Suggested Answer: C 🗳️
by Stu1900 at July 7, 2021, 2:27 p.m.

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fido_dido
9 months ago
425,000 for 30% of work >>> 100% of work is 425,000 divided by 30% = 1,416,666 >>>> what remains to be done is 1,416,666- 425,000
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SyedCert
2 years, 10 months ago
BAC 1,250,000 EV (BAC * 0.03) 375000 AC 425000 CPI (EV/AC) 0.882352941 EAC = AC + (BAC – EV) 1,300,000 ETC = (BAC – EV) / CPI 991,667 (Answer C)
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Stu1900
3 years, 3 months ago
Can you please show the working as I am unable to calculate this figure
upvoted 1 times
Hazem1976
3 years ago
First, You need to calculate EAC = BAC/CPI. Then use the formula to calculate ETC = EAC - AC
upvoted 1 times
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