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\nEAC: What is Estimate at Completion?\n

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\nI have already done a video answering the question ‘What is Earned Value Management (EVM)?’ And often, the most important measure in EVM is the Estimate at Completion (EAC). So, in this video, I want to answer the question, what is the...\nI have already done a video answering the question ‘What is Earned Value Management (EVM)?’ And often, the most important measure in EVM is the Estimate at Completion (EAC). So, in this video, I want to answer the question, what is the Estimate at Completion?

What is Earned Value Management - EVM?    • What is Earned Value Management - EVM...  

The Estimate at Completion is the expected total cost of your project, when all work is completed. So, if everything is running to budget and to schedule, your EAC is equal to your original Budget at Completion (BAC).

However, if your costs have drifted from plan, you can calculate your EAC from your Actual Cost of Work Performed (AC or ACWP) by adding to it your Estimate to Complete (ETC).

EAC = AC + ETC

So, how can you calculate your ETC?
The equations I discuss in the video are:

ETC = BAC - EV
ETC = (BAC - EV)/CPI
ETC = (BAC - EV)/(CPI x SPI)
ETC = ETC*\n
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Media Length
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8:38
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Grade
10th - Higher Ed
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Career & Technical Education
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\nOnline PM Courses\n\n
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Date
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2022
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English
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cost, work
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estimate at completion, eac, estimate to complete, etc, earned value management, earned value analysis project management, earned value analysis, project management, project management tutorial, project management tools, estimate to completion, acwp, actual cost of work performed, budget at completion, cost performance index, earned value, mike clayton project management, mike clayton, online pm courses mike clayton, onlinepmcourses, actual cost, budgeted cost, work performed, complete based, completion minus, estimates, divided, approach, calculate, project, make, assumption, continue, complete, completion, plan, level, estimate, budget, question, earned, management, answer, date, formula, equal, making, ways
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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: EAC: What is Estimate at Completion?\" href=\"/subscription/new\">\"EAC:\n\n
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