What Does BAC Stand For?

BAC stands for Budgeted Cost At Completion

BAC, or Budgeted Cost At Completion, refers to the total budgeted cost assigned to a project at its completion. It represents the anticipated financial resources required to finish the project successfully, providing a baseline against which actual performance can be measured. BAC is a critical component in project management, facilitating effective cost control, forecasting, and analysis of variances between planned and actual expenses.

Other Meanings for BAC