Question: Your budget at completion is $50,000, your earned value is $40,000, and your actual cost is $45,000. Using an estimate at completion forecast for ETC

Your budget at completion is $50,000, your earned value is $40,000, and your actual cost is $45,000. Using an estimate at completion forecast for ETC work performed at the present CPI, what is your estimate at completion?

A: $47,666 B: $50,000 C: $56,818 D: $53,225

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related PMP® Exam Practice Test And Study Guide Questions!

In Figure, the rod has a resistance R and the rails are horizontal and have negligible resistance. A battery of emf E and negligible internal resistance is connected between points a and b such that...

Question 7 - Earned Value (EV) =$10,000 - Planned Value (PV)=$8000 - Actual Cost (AC)=$3,000 What is the schedule variance? $2,000 $2,000$5,000 $5,000 - Budget AT Completion (BAC)=$500 - Estimate to...

CIS 620/B Project Plan For the Global Collaboration Enterprise Information System 1200 12th Avenue, Suite 1200 Seattle, Washington 98114 U.S.A. November 11, 2015 Draft Version 19.0 November 11, 2015...

The planned value (PV), formerly called the budgeted cost of work scheduled (BCWS), also called the budget, is that portion of the approved total cost estimate planned to be spent on an activity...

Exercise 1 Using the following data, calculate the planned and actual monthly budgets through the end of June Assume the project is planned for 12-month duration and a $250 000 budget Cale Value...

Given the case study information, produce a cost estimate, budget, status, forecast, and a dashboard. Components Content Cost Plan Estimates including basis, technique, constraints, risks, range, and...

You are assigned to a project with an initial budget of $200,000 USD. Midway through the project, you review the schedule and costs. Based on your review, You should have spent $50,000 to date based...

Remember as the project leaderp' manager you will not get everything from your sponsor I stakeholder, you will have to make some assumptions or ask questions. For each of the projects you will have a...

___1. Which of the following is an example of a direct cost on an IT project a. Salary of the project manager and subcontractor expenses b. Property taxes paid by the company c. Salary cost of...

Project Weight: 20% Name ID Answer any 5 questions, each one out of 5 marks 1. Case Study -EVM 1(5 marks ) You are a project manager for the project \"Replace Old Laptops\" which started in January...

Question 2 (10 Points) After 1 month, the progress of a project is reported as follows: Planned Completed Work 10% Actual Completed Work 5% Budget Spent so far 15,000 Total Budget 100,000 A. Please...

What is a credit default swap (CDS)?

Why would an MNE want to determine the degree to which its primary business was product dominated and service dominated? Explain.

Question content area top Part 1 Define the sampling interval when using MUS sampling. How is it calculated? Question content area bottom Part 1 A . The sampling interval is a method of sampling in...

The probabilities of a return on an investment of $5,000, $7,000, and $9,000 are 1 / 2, 3/8, and1 / 8.