CAPM (Certified Associate in Project Management) Practice Exam

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What is ETC an acronym for?

  1. Estimated time to complete

  2. Estimate to complete

  3. Early termination cost

  4. Estimated total cost

The correct answer is: Estimate to complete

ETC stands for Estimate to Complete. This term represents the projected cost to finish all the remaining work for a particular project activity or the project as a whole. It is an essential aspect of project management as it helps in assessing the overall project budget and progress.