Free PMI Project Management Professional Practice Question

The correct answer is $200,000. The Estimate to Complete (ETC) is calculated using the formula ETC = EAC - AC. In this case, EAC = $500,000 and AC = $300,000. Therefore, ETC = $500,000 - $300,000 = $200,000. This represents the expected additional cost required to complete the project based on current performance. It's important to note that ETC focuses on the remaining work and costs, while EAC represents the total expected cost of the project at completion.