Variance at Completion

Definition: Variance at Completion (VAC) is a key performance indicator in project management used to determine the difference between the final planned budget and the expected costs at the completion of a project.

It is calculated by subtracting the Budget at Completion (BAC) from the Estimate at Completion (EAC). VAC is an important metric to assess whether the project is expected to be completed within the originally allocated budget or if it will exceed it.

Interpretation and Significance:

Impact on Project Management:

Other Terms:

Voiceprint  |  Variance Analysis  |  Virtual Agent  |  Voice User Interface  |  Voluntary Time Off  |  Virtual Contact Center  |  Virtual Call Center  |  Visibility Tools  |  Voice Authentication  |  Voice Response Unit  |  Virtual Resource Management  |  Voice Of The Customer  |  Voice Support Bpm  |  Voice Platform  |  Virtual Private Cloud  |  Vendor Management  |  

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