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Exam PgMP topic 1 question 229 discussion

Actual exam question from PMI's PgMP
Question #: 229
Topic #: 1
[All PgMP Questions]

You are the program manager for your organization. Your current program has a budget at completion of $3,450,000 and is expected to last two years. The program is currently 30 percent complete and has spent ten percent more than what it should have to arrive at this point in the program schedule. Based on this information, what is estimate at completion (EAC) for this program?

  • A. $2,656,500
  • B. There is not enough information to know.
  • C. $3,795,000
  • D. $1,035,000
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Suggested Answer: C 🗳️
by ss44 at Oct. 23, 2021, 9:22 a.m.

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SyedCert
10 months, 2 weeks ago
Here you go. EAC = AC + (BAC – EV) AC = $3,450,000 * 0.4 = 1,380,000 (40% is used question say spent 10% more than actual 30%) BAC = $3,450,000 (BAC - Budget at completion is provided in the question) EV = BAC * % completed i.e. 30% = $3,450,000 * 0.3 = 1,035,000 So EAC = 1,380,000 + ($3,450,000 - 1,035,000) = 3,795,000
upvoted 2 times
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ss44
1 year, 1 month ago
please provide the calculation to arrive at the answer. thank you.
upvoted 1 times
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