New PMP Question & Answers with explanation
While looking at the project cost baseline graph shown below, a project manager sees that the stair-step line’s last point is higher than the estimate at completion (EAC). What does this relationship mean for the project?
For the project with Earned Value (EV) = $350, Actual Cost (AC) = $300 and Planned Value (PV) = $400. The original project budget is $1,000. Assuming the remaining work will be impacted by the current cost performance and current schedule performance, what is the Estimate At Completion (EAC) of the project?