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Estimate at completion Formula

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Estimate at completion is the forecasted cost of the project, as the project progresses. Check FAQs

EAC = AC + ETC

EAC - Estimate at Completion?AC - Actual Cost?ETC - Bottom up ETC?

Estimate at completion Example

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Here is how the Estimate at completion equation looks like with Values.

Here is how the Estimate at completion equation looks like with Units.

Here is how the Estimate at completion equation looks like.

652050 = 650000 + 2050

652050 = 650000 + 2050

652050 = 650000 + 2050

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Estimate at completion Solution

Follow our step by step solution on how to calculate Estimate at completion?

FIRST Step Consider the formula

EAC = AC + ETC

Next Step Substitute values of Variables

∴

EAC = 650000 + 2050

Next Step Prepare to Evaluate

∴

EAC = 650000 + 2050

LAST Step Evaluate

∴

EAC = 652050

Estimate at completion Formula Elements

Variables

Estimate at Completion

Estimate at completion is the forecasted cost of the project, as the project progresses.

Symbol: EAC

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Estimate at Completion

Actual Cost

Actual Cost is the actual price paid for goods by a party.

Symbol: AC

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Actual Cost

Bottom up ETC

Bottom-up ETC is the thing that gives you an approximate idea of how much money will be required to complete the remaining balance of work.

Symbol: ETC

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Bottom up ETC

Other formulas in Important Formulas of Business category

Go Break-Even Point

BEP = \frac{FC}{CM}

Go Return on Capital Employed

ROCE = (\frac{EBIT}{TA - CL}) \cdot 100

Go Solvency Ratio

SR = \frac{SF \cdot 100}{TA}

Go Economic Order Quantity

EOQ = (\frac{2 \cdot Cf \cdot Demand}{C h}) \cdot (\frac{1}{2})

How to Evaluate Estimate at completion?

Estimate at completion evaluator uses Estimate at Completion = Actual Cost+Bottom up ETC to evaluate the Estimate at Completion, Estimate at completion is the forecasted cost of the project, as the project progresses. Estimate at Completion is denoted by EAC symbol.

How to evaluate Estimate at completion using this online evaluator? To use this online evaluator for Estimate at completion, enter Actual Cost (AC) & Bottom up ETC (ETC) and hit the calculate button.

FAQs on Estimate at completion

What is the formula to find Estimate at completion?

The formula of Estimate at completion is expressed as Estimate at Completion = Actual Cost+Bottom up ETC. Here is an example- 652050 = 650000+2050.

How to calculate Estimate at completion?

With Actual Cost (AC) & Bottom up ETC (ETC) we can find Estimate at completion using the formula - Estimate at Completion = Actual Cost+Bottom up ETC.

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Estimate at completion Formula

Estimate at completion Example

Estimate at completion Solution

Estimate at completion Formula Elements

Other formulas in Important Formulas of Business category

How to Evaluate Estimate at completion?

FAQs on Estimate at completion

Variable Name