Can someone help me to explain what is different between Estimate at Completion and Estimate to Completion? Saving Changes...
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Deepesh RammoorthyICT Project Manager ( PMP®AgilePM®Certified ScrumMaster® (CSM®))| Australian Red Cross Blood ServiceTarneit, Vic, Australia
When you are doing EAC and ETC you are forecasting.
ETC is how much money you need to spend on the project to complete the project from this point onward
EAC is how much money ,can you forecast that you will end up spending when you finish your project. This will tell you if you are going to exceed the Budgeted cost (Budget at completion or BAC) or stay under it .
The different formulas of EAC have different connotations. Saving Changes...