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PMI Exam PMI-SP Topic 6 Question 57 Discussion

Actual exam question for PMI's PMI-SP exam
Question #: 57
Topic #: 6
[All PMI-SP Questions]

You are the project manager of the QAQ Project. The QAQ Project has a BAC of $2,786,121. You are

currently 20 percent complete with this project, though you should be 25 percent complete with the

project work. The project has consumed $595,000 of the project budget to date. Management has

asked you, based on the current project performance, what the project's estimate to complete will

be considering the current project schedule variance. What is the ETC for this project?

Show Suggested Answer Hide Answer
Suggested Answer: D

The estimate to complete wants to know how much more money the project will need

to complete its objectives.

The estimate to complete (ETC) is the expected cost needed to complete all the remaining work for a

scheduled activity, a group of activities,

or the project. ETC helps project managers predict what the final cost of the project will be upon

completion. The formula for the ETC is EAC-

AC. The EAC is BAC/CPI.

Answer option A is incorrect. This is the estimate at completion based on the current project

performance.

Answer option C is incorrect. This is the current schedule variance.

Answer option B is incorrect. 1.02 is the to-complete performance index based on the BAC.


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