EAC: What is Estimate at Completion?

The video tutorial explains the concept of Estimate at Completion (EAC) in Earned Value Management. It covers various methods to calculate EAC, including simple formulas and more complex approaches using Cost Performance Index (CPI) and Schedule Performance Index (SPI). The tutorial emphasizes the importance of assumptions in these calculations and discusses the difference between precision and accuracy. It also highlights the need for fresh estimates based on current project conditions.

What new insight or understanding did you gain from this video?

Evaluate responses using AI:

OFF