Variance at completion

Variance at completion

The earned value field that shows the difference between the budget at completion (BAC) and the estimate at completion (EAC). In Project, the EAC is the Total Cost field, and the BAC is the Baseline Cost field.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Computer
Category: Components; Software development
Company: Microsoft
Product:
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Related terms

variance at completion

Computer; Components; Software development

The earned value field that shows the difference between the budget at completion (BAC) and the estimate at completion (EAC). In Project, the EAC is the Total Cost field, and the ...

variance at completion

Software; Operating systems

The earned value field that shows the difference between the budget at completion (BAC) and the estimate at completion (EAC). In Project, the EAC is the Total Cost field, and the ...

time variance at completion (TEAC)

Software; Globalization software service

Schedule at completion divided by schedule performance index.

variance at completion (VAC)

Software; Globalization software service

The difference between the budget at completion less the estimate at completion. A negative result indicates the task or project is over budget.

completion

Language; Linguistics

In blending theory, one of the three component processes that give rise to emergent structure. Completion involves schema induction : the recruitment of background frames. These ...

completion

Games; Poker

To raise a small bet up to the amount of what would be a normal-sized bet. For example, in a $2/$4 stud game with $1 bring-in, a player after the bring-in may raise it to $2, ...