Program Management Professional (PgMP) — Question 223
You are program manager for the HYH Program. Your program governance is requiring you to use earned value management to predict how closely your program is tracking to the cost and schedule baselines and to predict overall program performance. Which earned value management formula can you use to predict how much more will need to be invested in the program based on current program performance?
Answer options
- A. EV/AC
- B. EV/PV
- C. BAC/CPI
- D. EAC-AC
Correct answer: C
Explanation
The correct answer, BAC/CPI, is used to determine the budget at completion divided by the cost performance index, providing an estimate of the total cost needed to complete the project based on current performance. The other options either calculate different metrics (like EV/AC and EV/PV) or do not specifically address the need for forecasting additional investment (like EAC-AC).