BAC

Submitted by sspawar on Mon, 07/09/2012 - 15:56

Hi zillains
Give Answer and rating at this question:

Which one of the following is correct statement for BAC?
A.Total PV for a project is known as BAC
B.Total EV for a project is known as BAC
C.AC plus remaining funding value is known as BAC
D.An estimated value during any stage of project is known as BAC.

Cheers

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PMP / CAPM exam Question bank
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aliweb

Mon, 07/09/2012 - 16:01

Please define what PV, EV and AC are.

krantikumar50

Mon, 07/09/2012 - 17:10

Hi Aliweb,


 


PV= Planned Value


EV= Earned Value


AC= Actual Cost


 


Do not bother much about the abbreviations. In the exam all will be spelled out.


 


Warmly, KK

diba_perfect

Mon, 07/09/2012 - 16:11

The answer should be "A". (Though technically even option "C" isn't incorrect).

 

Pawarji plz confirm.

 

 

~ Diba

Zephyr

Mon, 07/09/2012 - 16:54

 Answer is 'A'

sspawar

Mon, 07/09/2012 - 17:46

Refer 5th line of p 182

others are some thing different compare wth Definition of BAC p 428

EV for a project  = BCWP
 

AC plus remaining funding value = AC+(BAC-AC) or AC+(EAC-AC), partially correct as DIBA answered partially.
 

An estimated value during any stage of project is known as = AC+ETC.

this q is framed by me.

Regards

krantikumar50

Mon, 07/09/2012 - 21:03

Wow!!! Such a masterpiece creation respected Pawarji Sir.


 


I feel we should have guessed that such masterpiece can come only from a legend like respected Pawarji Sir.


 


Classic piece Sir.


 


I am amazed. No wonder that I say that such certifications are infradignitatem for a legend like respected Pawarji Sir.


 


Bravo respected Pawarji Sir!!!


 


Warmly, KK....