What Does EAC Stand For?
EAC stands for Estimate At Completion
EAC, or Estimate At Completion, is a project management term used to forecast the total cost of a project at its completion. It combines actual costs incurred to date with an estimate of future costs, providing stakeholders with a clear projection of the project's financial outcome. EAC is essential for effective budget management, enabling project teams to assess performance against the planned budget and make informed decisions to ensure project success.
Added on 14th April 2008 | Last edited on 16th June 2025 | Edit Acronym