Budget at Completion
Revision as of 12:48, 3 July 2020 by QiratH (talk | contribs) (Created page with "Budget at Completion (BAC) is the sum of all budgets established for the work to be performed. See also actual cost (AC), earned value (EV), estimate at completion (EA...")
Budget at Completion (BAC) is the sum of all budgets established for the work to be performed. See also actual cost (AC), earned value (EV), estimate at completion (EAC), estimate to complete (ETC), and planned value (PV).
Definition
According to Macroeconomics by Mankiw (7th edition),
- Budget at Completion (BAC). The sum of all budgets established for the work to be performed. See also actual cost (AC), earned value (EV), estimate at completion (EAC), estimate to complete (ETC), and planned value (PV).
