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!

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What does estimate at completion (EAC) represent?

The original project budget
The project's schedule at completion
The total tasks completed by the data date
The amount we expect the total project to cost on completion

The correct answer is: The amount we expect the total project to cost on completion

EAC represents the expected total cost of a project upon completion. This includes the amount spent so far, as well as the projected cost for completing the remaining tasks. The other options are incorrect because Option A (original project budget) only represents the initial planned cost, but does not take into account any changes or deviations that may have occurred during the project. Option B (project's schedule at completion) refers to the planned timeline for completing the project, but does not take into account the cost. Option C (total tasks completed by the data date) represents the progress made on the project, but does not factor in the overall cost of the project.