EAC
Term · Industrial and trades · MLC-T-IND-001944
A cost-forecasting value, the Estimate At Completion, used in project management to predict the total final cost of a project based on its performance to date. It is calculated by adding the actual cost (AC) already incurred to the estimate to complete (ETC) for the remaining work. One common formula for the EAC is the project budget divided by the Cost Performance Index (CPI).
| Identifier | MLC-T-IND-001944 |
|---|---|
| Field | Industrial and trades |
| Subject | Aviation maintenance |
| Translations | German: EAC; Spanish: EAC; French: EAC |
Record as JSON
{
"id": "MLC-T-IND-001944",
"term": "EAC",
"field": "Industrial and trades",
"definition": "A cost-forecasting value, the Estimate At Completion, used in project management to predict the total final cost of a project based on its performance to date. It is calculated by adding the actual cost (AC) already incurred to the estimate to complete (ETC) for the remaining work. One common formula for the EAC is the project budget divided by the Cost Performance Index (CPI).",
"subject": "Aviation maintenance",
"translations": {
"de": "EAC",
"es": "EAC",
"fr": "EAC"
},
"url": "https://mlchart.com/terminology/industrial/eac/"
}
Record 2,153 of 7,361 in Industrial and trades terminology (MLC-0113). Request the full dataset.