Comments on: What Is Budget at completion (BAC)? http://www.pmhut.com/what-is-budget-at-completion-bac Fri, 25 May 2012 02:27:01 +0000 http://wordpress.org/?v=abc hourly 1 By: Juan Ignacio Zamora http://www.pmhut.com/what-is-budget-at-completion-bac/comment-page-1#comment-223 Juan Ignacio Zamora Tue, 07 Oct 2008 03:05:53 +0000 http://www.pmhut.com/what-is-budget-at-completion-bac#comment-223 EV (earned value) = budget * % complete tasks CPI(cumulative performance index) = cumulative EV / cumulative actual costs ETC = 1 / CPI*(BAC-EV), where BAC is Budget At Completion, or the total cost of all tasks of the project. ETC (Estimate to Complete) or the amount of money we need to spend to finish the project. EAC (Estimate At Complete). with the usage of CPI we can forecast several scenarios. EAC = BAC + ETC - the rest of money that is available to the project, if it exists. EV (earned value) = budget * % complete tasks
CPI(cumulative performance index) = cumulative EV / cumulative actual costs

ETC = 1 / CPI*(BAC-EV), where BAC is Budget At Completion, or the total cost of all tasks of the project.

ETC (Estimate to Complete) or the amount of money we need to spend to finish the project.

EAC (Estimate At Complete). with the usage of CPI we can forecast several scenarios. EAC = BAC + ETC - the rest of money that is available to the project, if it exists.

]]>