CAPM (Certified Associate in Project Management) Practice Exam

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Prepare for the CAPM (Certified Associate in Project Management) exam with our informative quiz. Test your knowledge through multiple-choice questions and detailed explanations to boost your confidence and readiness for the certification.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

How is the new estimate for finding EAC calculated?

EAC = BAC - AC
EAC = AC/new estimate for remaining work
EAC = BAC/EV
EAC = AC + BAC

The correct answer is: EAC = AC/new estimate for remaining work

The correct way to calculate EAC (Estimate At Completion) is by using the formula EAC = AC + (BAC - EV). This formula takes into account the actual cost (AC) of the work completed, as well as the remaining work to be completed. This means that options A and D are incorrect, as they do not consider the remaining work. Option C is incorrect because it uses the earned value (EV) instead of the new estimate for completing the remaining work. Therefore, the correct answer is option B.