![]() ![]() Why is the Estimate to Complete ETC so helpful?ĮTC is a key cost performance index for every project manager. ![]() Instead, Estimate to Complete refers to the costs from the present moment until the end of the project it never includes the project expenditures and actual cost prior to that moment. Therefore, it can change as project progresses. Note that ETC isn’t the final overall expected project budget - this is called Estimate at Completion (EAC). The Estimate To Complete (usually abbreviated ETC) is the financial performance index and project management measure that shows you the remaining cost you expect to pay in order to complete a project. Together with schedule variance, it can show you the progress of your project. What is Estimate to Complete (ETC) in project management? Keep on reading to learn all the key essentials of Estimate to Complete and keep your project costs in check. ![]() And this is where Estimate to Complete or Estimated (ETC) comes in. To estimate all of that correctly, you need a solid cost estimation method. How the actual cost of the project develops vs.If you’re in charge of controlling a project, you need to know two things: Knowing the cost of the tasks remaining in your project is important because it helps you to keep tabs on its profitability. You probably noticed that costs change all the time during a project. ![]()
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