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Estimate To Complete (ETC) ETC = EAC - AC ? Assuming that the work is proceeding to plan, the cost of completing the remaining authorized work can be calculated using this formula.

Abstract. The variation in a project's actual schedule, as compared to its planned schedule, is measured by its schedule variance (SV), which measures the difference between the earned value (EV) (the value of work actually performed) and the planned value (PV), so SV = EV ? PV.

Estimate to complete can be calculated using bottom-up cost estimation, which involves adding all the costs on the tasks remaining. It can also be calculated using the following formula: ETC = EAC - Actual Cost.

To calculate TCV, multiply the monthly recurring revenue (MRR) with the length of the contract terms, then add any other one-time fees included in the contract. Total Contract Value = Monthly Recurring Revenue (MRR) x Contract Term Length + Any One-time Fees.

It is always valued as some % of contract price and hence includes profit. = Contract Price x Work Certified as % of Contract Price. = Cash received / Cash received as % of Work Certified.

For example, whenever we buy a product at a store or go grocery shopping, we are entering into an agreement to purchase whatever it is we are purchasing. When we get a new job, we sign an employment agreement to start work ? that's a contract!

Using Estimate at Completion (EAC) That's Estimate at Completion and it works out the expected final and total cost of the project, based on project performance. The EAC formula PMPs need to know most often is: The formula: EAC = BAC / CPI.