jadecharles2590 jadecharles2590
  • 20-10-2020
  • Business
contestada

If the budget at completion for a project is $200,000 and the cost performance index is .5, what is the estimate at completion

Respuesta :

ayfat23
ayfat23 ayfat23
  • 20-10-2020

Answer:

$400,000

Explanation:

Estimate at completion in finance can be explained as forecast cost of a particular project. It can be estimated by using the expression below

Estimate at completion =[Budget at Completion] /(Cost Performance Index)

From the question, our budget at completion for a project = $200,000

cost performance index is = 0 .5,

Then just input the values we have,

Estimate at completion= 200000/0.5

=$400,000

Therefore, Estimate at completion is

$400,000

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