Conceptually,EAC represents the amount spent to date plus __________.
A)the delay costs
B)BAC
C)CV
D)ETC

Question

Quizplus · Accepted Answer

EAC represents the estimated total cost needed to complete the project. This includes the amount spent to date (actual cost) plus the estimated cost to complete the remaining work (estimated to complete). Therefore, the correct choice is option D, ETC (Estimated to Complete). The other options are not representative of the EAC formula. BAC represents the total budget of the project, CV (Cost Variance) represents the difference between the earned value and the actual cost, and delay costs are not a factor in the EAC formula.

Conceptually,EAC Represents the Amount Spent to Date Plus __________