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    PracticePMI PMP®PMI PMP Mini Practice Exam 3Question 19
    Hard1 markShort Answer
    Task 5: Plan and manage budget and resourcesProcessCostEVM

    PMP · Question 19 · Task 5: Plan and manage budget and resources

    A project has a Budget at Completion (BAC) of $200,000. The project is 50% complete. The Actual Cost (AC) is $120,000. The Earned Value (EV) is $100,000. The project manager expects the current cost variance to continue. What is the Estimate at Completion (EAC)? (Enter the number only, no currency symbols)

    How to approach this question

    Calculate CPI, then use EAC = BAC / CPI.

    Full Answer

    240000
    CPI = 100,000 / 120,000 = 0.8333. EAC = 200,000 / 0.8333 = 240,000.

    Common mistakes

    Using the wrong EAC formula (e.g., AC + ETC) when the variance is expected to continue.
    Question 18All questionsQuestion 20

    Practice the full PMI PMP Mini Practice Exam 3

    20 questions · hints · full answers · grading

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