CAPM (Certified Associate in Project Management) Practice Exam

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Study for the Certified Associate in Project Management Exam with practice questions and answers. Enhance your understanding of project management principles and strategies to excel in the exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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When is the original estimate for EAC most applicable?

  1. When actual variances are seen as the norm

  2. When actual variances to date are seen as being the exception

  3. When the project is under budget

  4. When the project is over budget

The correct answer is: When actual variances to date are seen as being the exception

The original estimate for Estimate at Completion (EAC) is most applicable when actual variances to date are seen as being the exception. This means that if the project is not experiencing many variances from the original plan, the original estimate for EAC can still be considered valid and reliable. This choice is correct because in this scenario, the assumption is that the project is progressing as planned with minimal deviations from the original estimates. On the other hand, options A, C, and D are not the most appropriate times for the original estimate for EAC to be most applicable, as they do not align with the concept that actual variances to date are seen as being the exception.