Extrapolation of Results - 2
For the record, here is the formula
- EAC = BAC/CPI = BAC x ACWP/BCWP
- = Budget times Actual divided by Earned
Cautions
- The methodology depends on a reliable assessment of the value of actual work to date
- With corresponding actual expenditures
- Including accrual of "Work-in-progress"
- So, you need expertise in
- Progress estimating, progress measurement
- As well as accounting!