PMP Questions ID 2110 estimate at completion eac is a periodic evaluation of

All Domains

Agile & Scrum

People

Process

Business Environment

CLOUD COMPUTING

Communications

Cost

DECISION SUPPORT SYSTEM (DSS)

FIREWALL TYPES & IMPLEMENTATION

Integration

IT STRATEGY COMMITTEE & IT STEERING COMMITTEE

Procurement

Quality

Resource

Risk

Schedule

Scope

Stakeholder

New PMP Question & Answers with explanation

Estimate at completion (EAC) is a periodic evaluation of:

Select one

The anticipated total cost at project completion.

What it will cost to finish the project

The cost of work completed.

The value of work performed.

PMP Question No 2109 - Cost

Monitoring cost expended to date in order to detect variances from the plan occurs during:

Select one

The creation of the cost change management plan.

Project performance reviews.

Updating the cost baseline.

Recommending corrective actions.

Answer

PMP Question No 2108 - Cost

You have estimated the project cost to be us $850k within -25/+75 percent of actual. This is a

Select one

Budget estimate

Definitive estimate

Parametric estimate

Rough order of magnitude estimate

Answer

PMP Question No 2107 - Cost

The cost contingency reserve should be:

Select one

Added to each activity to provide the customer with a shorter critical path.

Maintained by management to cover cost overruns.

Hidden to prevent management from disallowing the reserve.

Added to the base costs of the project to account for risks.

Answer

PMP Question No 2106 - Cost

Your project has a AC = $800million, PV = $890millions, and a CPI = 1.1. How is the project going?

Select one

The project is behind schedule

There is enough money to support an offsite team outing

Both the schedule and the budget are better than planned

You have no real concerns about either schedule or budget

Answer