The percent complete index that looks at percent complete in terms of actual costs is calculated by which of the following?Multiple choice question.EV/BAC(BAC - EV)/(BAC - AC)AC/EACEV/AC
Question
The percent complete index that looks at percent complete in terms of actual costs is calculated by which of the following?Multiple choice question.EV/BAC(BAC - EV)/(BAC - AC)AC/EACEV/AC
Solution
The percent complete index that looks at percent complete in terms of actual costs is calculated by AC/EAC. This is because AC stands for Actual Cost and EAC stands for Estimate at Completion. By dividing the actual cost by the estimate at completion, you get the percent complete in terms of actual costs.
Similar Questions
The percent complete index actual costs assumes the ____________ is (are) the most reliable information for measuring percent complete.Multiple choice question.schedule performance index and cost performance indexactual costs-to-date and expected cost at completionoriginal budget of work completepercent complete rule
Select all that applySeveral project percent complete indexes are used, depending on your judgment of which one is most representative of your project. What are they?Multiple select question.PCIBSPICPIPCIC
Which of the following is the formula for the management reserve index?Multiple choice question.EV/PVEV/ACAC/EACCV/MREV/BAC
______ is the percent complete times the original budget; also known as the budgeted cost of work performed.Multiple choice question.CVEVSVPV
The ________ indexes compare the to-date progress to the end of the project.Multiple choice question.percent completecost performanceschedule performance
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.