Estimate at completion Solution

STEP 0: Pre-Calculation Summary
Formula Used
Estimate at Completion = Actual Cost+Bottom up ETC
EAC = AC+ETC
This formula uses 3 Variables
Variables Used
Estimate at Completion - Estimate at completion is the forecasted cost of the project, as the project progresses.
Actual Cost - Actual Cost is the actual price paid for goods by a party.
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.
STEP 1: Convert Input(s) to Base Unit
Actual Cost: 650000 --> No Conversion Required
Bottom up ETC: 2050 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
EAC = AC+ETC --> 650000+2050
Evaluating ... ...
EAC = 652050
STEP 3: Convert Result to Output's Unit
652050 --> No Conversion Required
FINAL ANSWER
652050 <-- Estimate at Completion
(Calculation completed in 00.004 seconds)

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Bhilai Institute of Technology (BIT), Raipur
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Break-Even Point
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Estimate at completion Formula

Estimate at Completion = Actual Cost+Bottom up ETC
EAC = AC+ETC

How to Calculate Estimate at completion?

Estimate at completion calculator uses Estimate at Completion = Actual Cost+Bottom up ETC to calculate 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 calculate Estimate at completion using this online calculator? To use this online calculator for Estimate at completion, enter Actual Cost (AC) & Bottom up ETC (ETC) and hit the calculate button. Here is how the Estimate at completion calculation can be explained with given input values -> 652050 = 650000+2050.

FAQ

What is Estimate at completion?
Estimate at completion is the forecasted cost of the project, as the project progresses and is represented as EAC = AC+ETC or Estimate at Completion = Actual Cost+Bottom up ETC. Actual Cost is the actual price paid for goods by a party & 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.
How to calculate Estimate at completion?
Estimate at completion is the forecasted cost of the project, as the project progresses is calculated using Estimate at Completion = Actual Cost+Bottom up ETC. To calculate Estimate at completion, you need Actual Cost (AC) & Bottom up ETC (ETC). With our tool, you need to enter the respective value for Actual Cost & Bottom up ETC and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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