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You currently are running over-budget, as indicated by a cost performance index (CPI) of 0.67. The original budget (BAC) was $1,500 and you have completed approximately 40% of the work. You are three months into the five month bathroom remodeling project. If the project has encountered a variance that is expected to recur and continue to affect the project (typical), the following formula may be used:ĮAC = budget at completion (BAC) ÷ cost performance index (CPI) Estimate to Complete (ETC)Įstimate to complete (ETC) is a forecast of how much more money will need to be spent to complete the project.ĮTC 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 (AC) from the estimate at completion (EAC).ĮTC = estimate at completion (EAC) – actual costs (AC) Example If the project has encountered a one-time (atypical) variance, the following formula may be used:ĮAC = actual costs (AC) + budget at completion (BAC) – earned value (EV) The most common way to determine EAC is a “bottoms-up” formula where the actual costs (AC) are added to the forecasted remaining spending – the estimate to complete (ETC).ĮAC = actual costs (AC) + estimate to complete (ETC) There are a number of different ways to determine the EAC. Estimate at Completion (EAC)Įstimate at completion is the forecasted cost of the project, as the project progresses. There are forecasts that are used: estimate at completion (EAC) and estimate to complete (ETC). Throughout the project, it will be important to provide forecasts as to the amount of money that will actually be spent. Here you will find the complete list of technical regulations adopted in 20.If you enjoyed reading this post, check out all of our post on PMP Concepts Learning Series.ĭesigned to help those that are preparing to take the PMP or CAPM Certification Exam, each post within this series presents a comparison of common concepts that appear on the PMP and CAPM exams.Įstimate at Completion vs Estimate to CompleteĪlthough a project budget may be defined, actual project progress may cause a deviation from the pre-determined budget at completion (BAC). Informative Certificate of State Registration has no validity period, however, the mandatory certificate can be issued for the validity of 5 years. For chemical products containing substances or blends of limited use.In case chemical products are imported on the territory of the Eurasian Union for the first time.The Certificate of State Registration is required in the following cases: Such Certificate of State Registration can be informative or issued in the form of a permit. TR EAEU 041/2017 contains the mandatory requirements for safety of chemical products, conformity assessment schemes, products’ identification and labelling.īefore being put on the market of the Eurasian Union chemical products need to undergo the procedure of conformity assessment and a Certificate of State Registration has to be obtained.
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The technical regulation on safety of chemical products was adopted on Maand was given the name of Т R ЕА EU 041/2017. On the technical regulation on safety of chemical products was officially published following the Decision of the Eurasian Commission No.