Cost Management Question: Download Cost Management PDF

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

A. Divide by SPI
B. Multiply by SPI
C. Multiply by CPI
D. Divide by CPI

Divide by CPI

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If earned value (EV) = 350, actual cost (AC) = 400, planned value (PV) = 325, what is cost variance (CV)? A. 350 B. -75 C. 400 D. -50	Estimate at completion (EAC) is a periodic evaluation of: A. The cost of work completed B. The value of work performed C. The anticipated total cost at project completion D. What it will cost to finish the job