Budget at Completion (BAC)

A Budget at Completion (BAC) is a sum of all budgets established for the contract through a given Work Breakdown Structure (WBS).

Related Definition in the Project: The EVM (Earned Value Management); Project Cost

Posted in Controls and tagged , , , , , .

ThePD (The Project Definition)

ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.

One Comment

Comments are closed.