***EAC Calculation ****
Submitted by sam_jain on Mon, 05/07/2012  06:21
Answer to the below question is > EAC = BAC  CV
I did not understand the above formula , please advise ?
61.  You are performing earned value technique on your project. After budget approval, an additional and unexpected cost item has been identified, which made the project more expensive some weeks ago. The item has meanwhile been paid by the project team, and it is expected that for the remaining duration of the project, costs will be as budgeted. In this case, which is the best formula to calculate EaC (Estimate at Completion)?

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shaikfromriyadh
Mon, 05/07/2012  08:24
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EAC calculation
given: EAC = BAC  CV  (1)
EAC = BAC (EVAC) since CV=EVAC  (2)
The formula (2) can be rewritten as below:
EAC = AC + (BAC EV)
Hope you understand it now.
sam_jain
Mon, 05/07/2012  13:50
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Thanks !!
Got it...
pmalik
Mon, 06/12/2017  08:48
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Answer is incorrect.
Answer is incorrect.
There are 5 Estimate At Completion (EAC) Formulas. For a complete explanation including practical & mathematical aspects of EAC with an example http://www.pmbypm.com/estimateatcompletioneacformula/