Asked by
Marshaun Campbell
on Oct 19, 2024
Verified
Estimate to complete equals budget at completion minus schedule variance, i.e., ETC = BAC − SV.
Estimate to Complete
An updated projection of costs still required to complete all remaining project activities, considering current performance.
Budget at Completion
The total budget allocated for a project based on all estimated costs upon completion.
Schedule Variance
A project management metric indicating the difference between the planned and actual progress of a project.
- Comprehend the methods for calculating and interpreting cost performance indices and variances.
Verified Answer
LN
Learning Objectives
- Comprehend the methods for calculating and interpreting cost performance indices and variances.
Related questions
The Difference Between the Earned Value and the Actual Cost ...
The Schedule Variance and the Cost Variance Provide the Amount ...
To Calculate the EAC, the Estimate to Complete ETC) Is ...
The Schedule Variance Is the Difference Between the Earned Value ...
An Overhead Cost Performance Report Is Composed of the ...