Forecast total project cost using common earned-value EAC methods.
Enter the values requested in each field: Budget at completion (BAC); Earned value (EV); Actual cost (AC); Forecast method. Keep time units, work calendars, and currency amounts consistent, and follow any field notes and validation messages.
The result summarizes project value, actual cost, schedule performance, cost performance, variance, or forecast cost using the earned-value and cost figures entered. Confirm the project reporting date and that planned value, earned value, and actual cost use the same scope and currency.
Use this to monitor project performance and estimate remaining or final cost. Results depend on the selected forecasting method and the quality of progress estimates; update the figures at each reporting period.