Actual cost of work complete d to date plus the predicted cost s and schedule for finish ing the remaining work. [D00614] VPM 291-4 value expressed in either dollars and/or hours, to represent the project ed final cost s of work when complete d. The EAC is calculated as ETC + ACWP. [D00615] WST The expected total cost of an activity group of activities, or of the project when the defined scope of work is complete d. Most technique s for forecasting EAC include some adjustment of the original cost estimate base d on project performance to date. Also shown as " estimate d at completion." Often shown as EAC = Actual s-to-date + ETC. See also earned value and estimate to complete. [D00616] PMK96
A value expressed in either money and/or hours, to represent the projected final costs of work when completed. The EAC is calculated as ETC + ACWP.
(EAC) The maximum value on the Control Panel Actual Cost gauge, which represents the current best estimate for total cost of the project.
Actual direct costs, plus indirect costs allocable to the contract, plus the estimate of costs (direct and indirect) for authorized work remaining.
The expected total cost of an activity, group of activities, or the project when the defined scope of work has been completed. Most techniques for forecasting EAC include some adjustment of the original cost estimate based on project performance to date. Also called "estimated at completion." Often shown as EAC = Actuals-to-date + ETC. See also earned value and estimate to complete.
The earned value field that shows the total scheduled or projected cost for a task, resource, or assignment. This is based on costs already incurred, in addition to the costs planned for remaining work. EAC is equivalent to the Cost field.