The forecasted cost at completion is
A) a ratio of performance to costs.
B) an estimate of the costs of the work remaining in the project.
C) the planned value of the project.
D) an estimated cost at the completion of the project based on project performance.

Question

Quizplus · Accepted Answer

The forecasted cost at completion is an estimated cost at the completion of the project based on project performance. It takes into account the actual cost of work completed and an estimate of the cost of the remaining work. Therefore, option D is the correct answer. Option A refers to the cost performance index, option B refers to the estimate to complete and option C refers to the earned value of the project.

The Forecasted Cost at Completion Is