EAC, ETC, VAC - Assignment

Quiz
•
Professional Development
•
Professional Development
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Hard
Afghanistan Center
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
While analyzing project performance in Balkh province, the PM forecasts the total cost expected at project completion using current performance data. Which EVM metric are they calculating?
Estimate at Completion (EAC)
Estimate to Complete (ETC)
Variance at Completion (VAC)
Final cost projection model derived from phase-based performance trends and budget deviation analysis
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In Herat province, a project manager asks, “How much more money will we likely need to finish the remaining work on this project?” Which metric provides this value?
Estimate to Complete (ETC)
Earned Value (EV)
Budget at Completion (BAC)
Forward-looking funding calculation using dynamic cost pacing and effort remaining projections
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
During a cost analysis in Nangarhar province, the PM subtracts the expected total cost (EAC) from the original budget (BAC) to determine whether the project will end under or over budget. What is this calculation called?
Variance at Completion (VAC)
Cost Variance (CV)
Cost Performance Index (CPI)
Final delta analysis using completion cost forecasting and planned value alignment
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In Colombo, Sri Lanka, a project’s BAC is $150,000, and the forecasted EAC is $165,000. What does the Variance at Completion (VAC) tell us in this case?
The project is forecasted to be over budget by $15,000
The project is ahead of schedule by $15,000
The contingency reserve is growing
Budget outlook analysis based on stakeholder expectation realignment and mid-phase float recovery
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
While updating reports in Kapisa province, the cost controller explains that if the CPI is expected to continue, the EAC should be calculated as: EAC = BAC / CPI. What does this version of EAC assume?
Future performance will be similar to past cost efficiency
All remaining work will be done at the planned rate
The project is ahead of schedule
Forecast modeling based on uniform velocity decay, labor-capacity saturation, and phase-based cost rebound
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