Estimate to Complete
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Estimate to Complete (ETC) is the expected cost to finish all the remaining project work. See also actual cost (AC), budget at completion (BAC), earned value (EV), estimate at completion (EAC) and planned value (PV).
Definition
According to Macroeconomics by Mankiw (7th edition),
- Estimate to Complete (ETC). The expected cost to finish all the remaining project work. See also actual cost (AC), budget at completion (BAC), earned value (EV), estimate at completion (EAC) and planned value (PV).