A new project manager in your company is asked to make a report for a project where the work is performed at the budgeted rate. He asks for your help and provide these values to you BAC = $ 35,000, E

Estimating

Moloy Chakraborty Principal Project Manager| WSP UK LTD High Wycombe, Buckinghamshire, United Kingdom

A new project manager in your company is asked to make a report for a project where the work is performed at the budgeted rate. He asks for your help and provide these values to you BAC = $ 35,000, Earned value (EV) = $25,000, planned value (PV) = $24,000 and actual cost (AC) = $ 28,000. What is the value of Estimate At Completion (EAC)?

a. $ 24,000
b. $ 36,000
c. $ 37,000
d. $ 38,000

Posted: May 10, 2018 3:12 PM

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Rami Kaibni

Community Champion

Senior Projects Manager | Field & Marten Associates New Westminster, British Columbia, Canada

Since the work is performed at budgeted rate then: EAC = AC + (BAC - EV) = $38,000

Posted: May 10, 2018 3:20 PM

Sante Delle-Vergini, PhD Senior Project Manager| Infosys Melbourne, Victoria, Australia

We all use to memorize these formulas for the PMP exam hehe.

Posted: May 10, 2018 6:20 PM

Kevin Drake Perth, Western Australia, Australia

I saved all formulas on my mobile. The quantitive part is my main strength.

Seconding Rami it is D

...

1 reply by Sante Delle-Vergini, PhD

May 10, 2018 10:02 PM

Sante Delle-Vergini, PhD

...

Are you sure you don't have those formulas wall papered on your walls?

Posted: May 10, 2018 9:06 PM

Sante Delle-Vergini, PhD Senior Project Manager| Infosys Melbourne, Victoria, Australia

May 10, 2018 9:06 PM

Replying to Kevin Drake

...

I saved all formulas on my mobile. The quantitive part is my main strength.

Seconding Rami it is D

Are you sure you don't have those formulas wall papered on your walls?

Posted: May 10, 2018 10:02 PM

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A new project manager in your company is asked to make a report for a project where the work is performed at the budgeted rate. He asks for your help and provide these values to you BAC = $ 35,000, E

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