PMP · Question 107 · Task 5: Plan and manage budget and resources
A project manager is leading a project to build a new bridge. The project is using a predictive lifecycle. The PM wants to ensure that the project is on budget. The PM calculates the Estimate at Completion (EAC). The EAC is $1.2M. The BAC is $1M. What does this mean?
Answer options:
The project will finish under budget.
The project is projected to finish over budget by $200k.
The project is ahead of schedule.
The project is finished.
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