If We Know the Actual Cost of a WBS Component

question 59

Multiple Choice

If we know the Actual Cost of a WBS component, what other value do we need to know in order to calculate the cost performance index (CPI) ?

• A) Budget at Completion (BAC)
• B) Budget costs of remaining work (BCRW)
• C) Schedule Variance (SV)
• D) Expected Time Complete (ETC)
• E) Earned Value (EV)

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Definitions:

News Source

A news source is an individual, publication, or other entity that provides news and information, playing a crucial role in journalism by offering facts, data, and perspectives on various events or topics.

Probability

The chance or risk of a particular event happening, represented as a fraction of total possible outcomes.

Plastic Arrow

Refers to an arrow made of plastic, often used for indoor archery practice or as a toy.

Probability Assignment

The process of assigning a likelihood to the occurrence of an event based on known parameters or outcomes.