A method for calculating the forecasted cost at completion assumes that the work to be performed on the remaining portion of the project or work package will be done at the same rate of efficiency as the work performed so far.If the cost performance index is greater than 1.0, then
A) the FCAC is greater than the TBC.
B) the FCAC is less than the TBC.
C) the FCAC cannot be calculated with CPI.
D) additional information is needed to predict the FCAC.
Correct Answer:
Verified
Q36: There are two approaches to establishing the
Q37: Committed costs need to be treated in
Q38: It may be easier to estimate the
Q39: Facilities costs in the project costs estimate
Q40: The budget for each work package is
A)
Q42: Earned value, the value of _, is
Q43: The _ is the sum of the
Q44: If the cumulative earned value is $10
Q45: Consider a project that involves painting five
Q46: Calculate the forecasted cost at completion if
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents