New PMP Question & Answers with explanation

How would you calculate your EAC if the ETC work is performed at the budgeted rate?
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Bill is the project manager of a software project that was originally estimated to be completed in 12 months. Two months into the project, it is discovered that the original estimating assumptions were fundamentally flawed. The Estimate at Completion (EAC) in such a project will be:
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A project manager is performing Reserve Analysis as a technique in one of the project management processes he is currently working on. Which of the following is likely to be that process?
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The accuracy of estimates of the cost of a project will _________ over the life of a project.
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A project manager is trying to plan for a contingency reserve as part of the cost estimates for the project. Which of these would be an incorrect way to plan for contingency reserves?
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