What are the differences between BAC and EAC?
BAC stands for Budgeted cost At Completion. EAC stands for Estimated cost At Completion. Estimate At Completion (EAC): A perpetual forecast of the future value of the project at completion. …
What is BAC cost management?
Budget at Completion (BAC) is the total budget allocated to the project. BAC is generally plotted over time. For example, periods of reporting (Monthly, Weekly, etc.) BAC is used to compute the Estimate at Completion (EAC), explained in the next section. BAC is also used to compute the TCPI and TSPI.
What is the EAC formula?
EAC = AC + (BAC – EV) This formula is used when the current deviation with the original estimation is thought to be different in the future. It is generally AC plus the remaining value of the work to perform.
How do I find EAC?
The cost of capital for … Read more