Certified Associate in Project Management test | TrustEd Institute

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CAPM - Business Analysis Frameworks - Use Case Modeling

Intermediate

1/5

In a project with a total budget of $500,000 spread over 10 months, what is the Planned Value (PV) at the end of the 7th month, assuming a uniform distribution of the budget?

a.

$375,000, considering a 5% contingency reserve

b.

$350,000

c.

$400,000, accounting for potential cost overruns

d.

$300,000, as the project might have slower spending in early months