The formula to calculate Estimate at Completion (EAC) is:
\[ \text{EAC} = \text{AC} + \text{ETC} \]
Where:
Estimate at Completion (EAC) is the forecasted cost of the project, as the project progresses.
Let's assume the following values:
Using the formula:
\[ \text{EAC} = 650000 + 2050 \]
Evaluating:
\[ \text{EAC} = 652050 \]
The Estimate at Completion is 652050.
| Actual Cost | Bottom-up ETC | Estimate at Completion |
|---|---|---|
| 640000 | 2000 | 642,000.00 |
| 640000 | 2050 | 642,050.00 |
| 640000 | 2100 | 642,100.00 |
| 645000 | 2000 | 647,000.00 |
| 645000 | 2050 | 647,050.00 |
| 645000 | 2100 | 647,100.00 |
| 650000 | 2000 | 652,000.00 |
| 650000 | 2050 | 652,050.00 |
| 650000 | 2100 | 652,100.00 |
| 655000 | 2000 | 657,000.00 |
| 655000 | 2050 | 657,050.00 |
| 655000 | 2100 | 657,100.00 |
| 660000 | 2000 | 662,000.00 |
| 660000 | 2050 | 662,050.00 |
| 660000 | 2100 | 662,100.00 |