Estimate At Completion
Money
Estimate At Completion (EAC) is a forecast of the most likely total project cost based on the project's performance and risk quantification. It provides stakeholders with an idea of the expected final cost of the project.
Formula
EAC = Actual Cost (AC) + Bottom-Up Estimate to Complete (ETC)
Example
If a project has spent $50,000 so far and the remaining work is estimated to cost $200,000, the EAC is $250,000.