CAPM (Certified Associate in Project Management) Practice Exam

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How is the new estimate for finding EAC calculated?

EAC = BAC - AC
EAC = AC/new estimate for remaining work
EAC = BAC/EV
EAC = AC + BAC

The correct answer is: EAC = AC/new estimate for remaining work

The correct way to calculate EAC (Estimate At Completion) is by using the formula EAC = AC + (BAC - EV). This formula takes into account the actual cost (AC) of the work completed, as well as the remaining work to be completed. This means that options A and D are incorrect, as they do not consider the remaining work. Option C is incorrect because it uses the earned value (EV) instead of the new estimate for completing the remaining work. Therefore, the correct answer is option B.