The ____ is an estimate of what it will cost to complete the project based on performance to date.
A)CPI
B)SV
C)EAC
D)SPI

Question

Quizplus · Accepted Answer

EAC stands for Estimate at Completion, which is an estimate of the total project cost based on performance to date. It takes into account both actual costs and projected costs for the remainder of the project. CPI (Choice A) is the Cost Performance Index, which measures cost efficiency, while SV (Choice B) is the Schedule Variance, which measures schedule performance. SPI (Choice D) is the Schedule Performance Index, which also measures schedule performance.

The ____ Is an Estimate of What It Will Cost