Cost Final Quiz - Assignment

While reviewing early construction work in Logar province, the project manager determines how much work was planned to be done by this stage in terms of budget.Which term is being used?

• Planned Value (PV)

• Earned Value (EV)

• Actual Cost (AC)

• Timeline-based progress allocation calculated from budget phasing and scope delivery modeling

In Samangan province, the finance team compares the value of completed work to the money actually spent so far. They discover that the project is costing more than planned. Which performance metric identifies this overrun?

• Cost Variance (CV)

• Cost Baseline

• Schedule Variance (SV)

• Performance discrepancy index between spend-to-date and planned performance conversion

A manager in Bamyan province wants to forecast how much the total project is likely to cost in the end, based on current trends and performance. Which term reflects this total predicted cost?

• Estimate at Completion (EAC)

• Budget at Completion (BAC)

• Variance at Completion (VAC)

• Forecast model using baseline deviation, burn rate, and corrective path analysis

In Kabul, the project sponsor asks, “What’s the total authorized budget for this entire project?” Which cost management term best fits this request?

• Budget at Completion (BAC)

• Estimate to Complete (ETC)

• Cost Baseline

• Total allocation plan derived from approved work packages, contingency models, and spending thresholds

A software project in Delhi, India, has a CPI of 0.85 and SPI of 0.90. The project manager needs to determine if the team is delivering value efficiently and staying on budget. Which metric should they focus on?

• Cost Performance Index (CPI)

• Schedule Variance (SV)

• Estimate at Completion (EAC)

• Efficiency ratio involving earned output velocity, task fulfillment pacing, and financial alignment