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Confusion between budget....

1 reply [Last post]
Irfan Khan
User offline. Last seen 13 weeks 5 days ago. Offline
Joined: 19 Jul 2009
Posts: 138
Hi to all,

Can anybody tell me that what is the difference between Budget At Completion > At Completion Total Cost & Original Budget.



Thanks,,,


Replies

Rodel Marasigan
User offline. Last seen 11 weeks 4 days ago. Offline
Joined: 25 Oct 2006
Posts: 1699
Irfan,
Original Budget is Contract Amount including Overhead, Provisional Sum, Profit, Margin etc...

Budget At Completion (BAC) = Budget + Approved Variation/Changes use as base to measure Earned Value.
AT Completion = Actual cost + Remaining cost = Forecast At Completion