A project has a $1,200,000 BAC and a CPI of 0.80. Using BAC/CPI, what is the estimate at completion?
Correct Answer
A) $1,500,000
Estimate at completion is BAC / CPI = $1,200,000 / 0.80 = $1,500,000.
Why This Is the Correct Answer
Estimate at completion is BAC / CPI = $1,200,000 / 0.80 = $1,500,000.
Why the Other Options Are Wrong
Option B: $960,000
estimate at completion, choice a: $1,200,000 x 0.80 gives $960,000. That calculation follows multiplies those two listed numbers.
Option C: $1,200,000
estimate at completion, choice b: the number $1,200,000 comes from $1,200,000 but stops before the calculation reaches $1,500,000.
Option D: $1,800,000
estimate at completion, choice d: $1,800,000 backs into 1.5 when divided by $1,200,000; the accepted setup gives 1.25 on that same base.
Memory Technique
Picture a pay line labeled estimate at completion: finish every operation before accepting $1,500,000.
Reference Hint
Open Construction Jobsite Management, 5th Ed. (2024); use by topic index - labor hours / productivity / earned value / job cost to confirm that Estimate at completion is BAC / CPI = $1,200,000 / 0.80 = $1,500,000.
More NASCLA Questions
Bid instructions require bid security with each sealed bid. Which purpose should the estimator associate with that requirement?
A wood deck surface has 320 sf of coverage. Boards have a 5-1/2 in. actual face width, and the order includes an 8 percent cutting allowance. What linear footage is closest?
Using the dimensions shown for the stabilized construction entrance, what is the plan area?
A reroof area requires 14,720 sf of rigid insulation. Boards are 4 ft by 8 ft, and the order includes 5 percent waste. How many boards are needed?
Two addenda revise the drawings before bid day. What must a responsive bidder normally do with those addenda?
A utility trench is 180 ft long, 3 ft wide, and 7 ft deep with vertical sides inside a trench shield. What excavation volume is required?
A 120 ft long Type C trench is cut with a 4 ft bottom width and a 6 ft depth. If side slopes are 1-1/2 horizontal to 1 vertical, what excavation volume is closest?
A storm pipe run needs 240 ft of bedding, 4 ft wide and 6 in. thick. Including a 10 percent ordering allowance, how many cubic yards of bedding aggregate are needed?
A mass excavation produces 1,180 loose cubic yards of material for off-site disposal. End-dump trucks can haul 18 loose cubic yards per trip. What truck count is required?
An asphalt-shingle roof has a slope of 3:12. Under the IBC low-slope asphalt-shingle provisions, what underlayment arrangement is required?
People Also Study
Business & Financial Management
120 questions · 70% to pass
Contract Administration
60 questions · 70% to pass
Project Management
60 questions · 70% to pass