PMP Formula: Estimate To Complete
Estimate to Complete (ETC) is the expected cost to finish all the remaining project work. Estimate to complete (ETC) is a forecast of how much more money will need to be spent to complete the project. ETC can either be determined by building a bottom-up estimate, usually by asking your work package owners, team members, or vendors for revised estimates or by deducting the actual costs from the estimate at completion (EAC).
|ETC||Estimate To Complete|
|= EAC - AC|