EAC (Estimate at Completion)

Posted on 9th November 201512th February 2022 by ThePD (The Project Definition)

An Estimate at Completion (EAC) is the current estimated total cost for the agreed and authorised scope of work that equals the Actual Cost of Work Performed (ACWP) plus the estimated costs to complete Estimate to Complete (ETC) of the agreed scope of work remaining: EAC = ACWP + ETC.

Related Definitions in the Project: The Project Schedule; Project Cost; Cost Estimate (Estimation); EVM (Earned Value Management)

Posted in Controls and tagged control, cost, earned value, estimate, evm, kpi, schedule.

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