EAC
An estimate at completion (EAC) is a forecast of the most likely total value based on project performance and risk quantification. EAC is the projected or anticipated total final value for a schedule activity, WBS component, or project when the defined work of the project is completed. In a simple language, it is a formula that predicts how much the project is likely to cost. It is based on the cost performance index (CPI) and how much was the originally predicted cost to complete the project.
