The Budget at Completion (BAC)is the sum of all budgets established for the work to be performed on a project.As such it is equivalent to:
A) the total planned value of the project.
B) the total earned value of the project.
C) the total actual cost of the project.
D) the total value of the work completed to date

Question

The Budget at Completion (BAC)is the sum of all budgets established for the work to be performed on a project.As such it is equivalent to:​ 
A) the total planned value of the project. 
B) the total earned value of the project. 
C) the total actual cost of the project. 
D) the total value of the work completed to date

Quizplus · Accepted Answer

The Budget at Completion (BAC) is the sum of all budgets established for the work to be performed on a project. It represents the total planned value of the project, including all costs and expenses for completing it. Therefore, option A is the correct answer. Option B is incorrect because the total earned value represents the value of work that has been completed and accepted so far. Option C is incorrect because the total actual cost represents the actual expenses incurred in completing the project. Option D is incorrect because it refers to the total value of work completed to date, which may be less than or more than the budgeted amount.

The Budget at Completion (BAC)is the Sum of All Budgets