The project manager is executing a railroad construction project, when his sponsor asks him to forecast the cost of project completion. Which of the following is the BEST metric to use for forecasting?
A. ETC and VAC
B. EV and ETC
C. ETC and CPI
D. EAC and CV
A: Forecasting the cost of project completion is estimating the additional amount required to complete the remaining work. There are two useful numbers that can be used for forecasting. One of them is ETC (Estimate to Complete), which tells you how much more money you’ll spend on your project, and the other one is the VAC (Variance at Completion), which predicts your variance at project completion.