PMP Questions ID 2307 according to evm which term below represents the outstanding amount of money required to finish

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New PMP Question & Answers with explanation

According to EVM, which term below represents the outstanding amount of money required to finish the project?

Select one

Estimate at Completion (EAC)

Estimate to Complete (ETC)

Earned Value (EV)

Planned Value (PV)

PMP Question No 2301 - Cost

With reference to the diagram below, it can be inferred that the project is currently:

Select one

Behind schedule and under budget

Behind schedule and over budget

Ahead of schedule and under budget

Ahead of schedule and over budget

Answer

PMP Question No 2142 - Cost

A seller submits an invoice that is outside of the funding limit reconciliation during project planning. What is the least likely cause?

Select one

Equipment was received earlier than planned

An activity has taken longer to complete than planned

The was a cost increase to the successor activity of a critical path activity

The critical path was fast tracked during project planning

Answer

PMP Question No 2141 - Cost

A budget estimate is in the range from

Select one

-10 percent to +25 percent from actual

-5 percent to +10 percent from actual

-25 percent to +75 percent from actual

-10 percent to +10 percent from actual

Answer

PMP Question No 2140 - Cost

If earned value (EV) = 350, actual cost (AC) = 400, and planned value (pv) = 325, what is the cost variance (CV)?

Select one

-50

400

350

-75

Answer