A Second Method for Determining the Forecasted Cost at Completion

question 48

Multiple Choice

A second method for determining the forecasted cost at completion assumes that, regardless of the efficiency rate the project or work package has experienced in the past, the work to be performed on the remaining portion of the project or work package will be done according to budget.If the cumulative actual cost is greater than the cumulative earned value, then

• A) the FCAC is greater than the TBC.
• B) the FCAC is less than the TBC.
• C) the FCAC cannot be calculated with the values given.
• D) additional information is needed to predict the FCAC.

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Definitions:

Mood Stabilizer

Medication used to treat mood disorders such as bipolar disorder, helping to prevent extreme shifts in mood.

Stimulant

Substances that increase levels of neural activity in the body, resulting in increased alertness, attention, and energy.

Hyperactive

Describes a state of increased energy and movement, often referring to an inability to remain still, commonly associated with ADHD.

Systems Approach

A perspective in psychology and other disciplines that emphasizes the interaction of various components within a system.