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PgMP Program Management

Category - Domain 5

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Moira Crofton has collected the following data from her constituent project, Raiding Coffins: BAC = $8,000; PV = $4,500; EV = $9,000; and CV = - $300. How much money has actually been spent on project Raiding Coffins?

$8,700
$9,300
$4,800
$8,300

Explanation

Answer - B - $9,300 has actually been spent on project Raiding Coffins.

Key Takeaway: Actual cost is calculated with the following formula: CV = EV - AC => AC = EV - CV
Therefore, AC = $9,000 - (-$300 ) = $9,000 + $300 = $9,300.

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