PMP Questions ID 2097 one common way to compute estimate at completion eac is to take the budget at completion bac

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New PMP Question & Answers with explanation

One common way to compute estimate at completion (EAC) is to take the budget at completion (BAC) and:

Select one

Divide by spi

Divide by cumulative cpi

Multiply by spi

Multiply by cpi

PMP Question No 2096 - Cost

Which of the following information about the project would never be available during project planning

Select one

Internal rate of return

Cost performance index

Benefit cost ratio

Budget at completion

Answer

PMP Question No 2095 - Cost

Which of the following represents the estimated value of the work actually accomplished?

Select one

Earned value (EV)

Actual cost (AC)

Planned value (PV)

Cost variance (CV)

Answer

PMP Question No 2094 - Cost

A cost performance indes (CPI) of 0.89 means

Select one

At this time, we expect the total project to cost 89 percent more than planned

When the project is completed, we will have spent 89 percent more than planned.

The project is getting 89 cents out of every dollar invested.

The project is progressing at 89 percent of the rate planned.

Answer

PMP Question No 2093 - Cost

You take over a project that is us $100,000 over budget. You know the team has completed us $500,000 worth of work. Your sponsor has been calling all day leaving messages while you were in meetings asking for a quick update on the project status. What will you tell him when you return his call?

Select one

Cpi is 0.83

Spi is 0.83

Spi is 1.1

Cpi is 0.9

Answer