Difference between revisions of "Estimate at Completion"
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==Definition== | ==Definition== | ||
| − | According to [[ | + | According to the [[PMI Lexicon of Project Management Terms]], |
:[[Estimate at Completion]] ([[EAC]]). The expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete. See also actual cost (AC), budget at completion (BAC), earned value (EV), estimate to complete (ETC) and planned value (PV). | :[[Estimate at Completion]] ([[EAC]]). The expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete. See also actual cost (AC), budget at completion (BAC), earned value (EV), estimate to complete (ETC) and planned value (PV). | ||
| − | [[Category: | + | [[Category: Project Management]][[Category: Articles]] |
Latest revision as of 19:05, 3 July 2020
Estimate at Completion (EAC) is the expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete. See also actual cost (AC), budget at completion (BAC), earned value (EV), estimate to complete (ETC) and planned value (PV).
Definition
According to the PMI Lexicon of Project Management Terms,
- Estimate at Completion (EAC). The expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete. See also actual cost (AC), budget at completion (BAC), earned value (EV), estimate to complete (ETC) and planned value (PV).
