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TOPIC: Formula Exam Question Clarification

Formula Exam Question Clarification 4 years 10 months ago #19256

  • Ken Fraser
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I would like an explanation as to how it is determined from this question below that there was an issue to justify the EAC formula used.

Question 10: PV = 100, EV = 105, BAC = 400, AC = 102 and CV = 3? What is the
Estimate to Complete (ETC) if work will continue at the planned rate?
A) 298
B) 300
C) 305
D) 295
: The formula for calculating the ETC is: ETC = EAC – AC. First, since
estimate at completion does not exist, you must calculate it using the formula
EAC = AC + (BAC – EV) = 102 + (400 – 105) = 397. Once you have the EAC,
you plug the values into the formula ETC = EAC – AC giving you ETC = 397 –
102 = 295

Formula Exam Question Clarification 4 years 10 months ago #19293

  • Vamshi Sekar
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I think the formula used is inappropriate. I think it should be BAC/CPI.

Formula Exam Question Clarification 4 years 10 months ago #19294

  • Ken Fraser
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I agree, and that is how I responded initially.

Thanks
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