Earned Value Definitions
/
Budget at Completion (BAC)

What is Budget at Completion (BAC)? Earned Value Management explained.

Mia Rutherford
Mia Rutherford
June 11, 2023
5 min read

Budget at Completion (BAC) represents the total budgeted cost for the entire project. It includes all authorized funding allocated to complete the project's scope of work. BAC serves as a baseline for cost control and forecasting throughout the project's lifecycle.

-

Keep up with Gather

Make sure you never miss out! Sign up to our monthly newsletter to keep up with the biggest news stories in construction and the latest Gather updates. Full of our latest case studies, blogs and fun quizzes!

Thank you for subscribing!
Oops! Something went wrong while submitting the form.

Gather needs the contact information you provide to us to contact you about our products and services. You may unsubscribe from these communications at anytime. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, check out our Privacy Policy.