Given a BAC of 5,500 and an EAC of 6,000, the project is expected to be completed ________ budget.
Fill in the blank(s) with the appropriate word(s).
over
The BAC indicates the budgeted project cost at completion. The EAC indicates the new estimated cost at completion. The difference between BAC and EAC (BAC - EAC) gives the variance at completion (VAC). In this example the VAC = -$500. The project is estimated to be completed $500 over budget.
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