Estimate To Complete
Money
Estimate To Complete (ETC) provides an estimate of the remaining costs to complete the project. This metric helps project managers adjust budgets and allocate resources efficiently.
Formula
ETC = Estimate at Completion (EAC) - Actual Cost (AC)
Example
If the EAC for a project is $250,000 and $50,000 has already been spent, the ETC is $200,000.