Do you need customer support or technical assistance? Click here to submit a support ticket...

TOPIC: EAC Question

EAC Question 3 years 11 months ago #8748

  • Bonnie
  • Bonnie's Avatar Topic Author
  • Offline
  • Junior Boarder
  • Junior Boarder
  • Posts: 29
  • Thank you received: 6
One of the Simulation questions bugs me. It's the whole subjective thing of whomever creates the question can decide what the right answer is.

You post a scenario where you list BAC, and explain the project is well behind and over budget.
Your team performs a Bottom Up Estimate, and shows X value
The Sponsor asks you to perform ETC based on budgeted rate and again based on CPI, and come up with Y and Z values. X is Highest, Z is middle, and Y is lowest.
What do you show the Sponsor?

Now I know darned good and well that a BUE is the MOST Accurate, and that is the basis of your answer, but the Sponsor has asked you to perform the ETCs. BTW the BUE estimate completes the project at 150% of original budget. With you calculating the ETC based on CPI, are you not estimating based on current and past performance, that should flow accurately into the future? If you ran a TCPI it would show an aggressive rate of work to stick with the budget. The other option for an answer was only blowing up the BAC by a mere 10% using ETC on CPI.

Anyway, I know what the answer is, but this is what really annoys me about this whole process.
Sign me discouraged.
Moderators: Yolanda MabutasMary Kathrine PaduaCynthia Lim Louis, PMPTracy Shagnea, PMPGabriella Dellino, PMPPatrick Floris PhD PMPJoe PangJohn Paul BugarinAmy MartinezEmily Rivera, PMPLisa Sweeney PMPHarry ElstonMani SelvanDenver MartinEric Wanyutu Kahiga, PMPSarah FucciThiago França, PMP®Felix Kamanga, PMPChan RampersaudElena MekhanoshinaKyle Kilbride, PMP

OSP INTERNATIONAL LLC
OSP INTERNATIONAL LLC
Training for Project Management Professional (PMP)®, PMI Agile Certified Practitioner (PMI-ACP)®, and Certified Associate in Project Management (CAPM)®

Login