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The percent complete index that looks at percent complete in terms of budgeted amounts is calculated by which of the following?Multiple choice question.(BAC - EV)/(BAC - AC)AC/EACEV/ACEV/BAC

Question

The percent complete index that looks at percent complete in terms of budgeted amounts is calculated by which of the following?Multiple choice question.(BAC - EV)/(BAC - AC)AC/EACEV/ACEV/BAC

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Solution

The percent complete index that looks at percent complete in terms of budgeted amounts is calculated by EV/BAC.

Here's a step-by-step explanation:

  1. EV stands for Earned Value, which is the value of the work actually performed.
  2. BAC stands for Budget at Completion, which is the total budget for the project.
  3. The percent complete index is calculated by dividing the Earned Value (EV) by the Budget at Completion (BAC). This gives the percentage of the total budget that has been earned by actual work completed.

So, the correct answer is EV/BAC.

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