The Budget at Completion $($BAC$)$ for a project is $$60,000$ and the Actual Costs $($AC$)$ to date are $$15,000$ with Earned Value $($EV$)$ of $$12,000.$ At this stage, the project management team did a manual bottom$-$up summation of costs and forecast an Estimate to Complete $($ETC$)$ of $$47,000.$ What is the Estimate at Completion $($EAC$)$ for the project?

Correct Answer

a$)$

$$62,000$

b$)$

$$66,000$

Incorrect Response

c$)$

$$75,000$

d$)$

$$64,000$