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A project manager is overseeing a 10-mile piping installation project that was supposed to spend US$15,000 per mile of piping installation and should complete the project exactly 20 weeks from its start. The project manager just found out that only 80% of the work has been completed. What is the budget at completion (BAC)?
Correct Answer: B
Budget at Completion (BAC) is the total planned value of the project. It is calculated by multiplying the number of work units by the cost per unit. BAC = Total miles × Cost per mile = 10 miles × US$15,000 = US$150,000 The percentage of work completed (80%) is irrelevant for this specific calculation, which only asks for the original planned total budget (BAC). References: PMBOK Guide - Seventh Edition, Measurement Performance Domain PMI Practice Standard for Earned Value Management ##############################################