LEOPARD PROJECT CONTROLS
P6 ETC Calculations
Certified PMP, with over 11 years of experience in Oil & Gas and Construction projects. Expert in Primavera P6, MS Project, Asana, and Zoho Projects scheduling. Authored different Project Management, Scheduling and Planning articles.
Estimate to Complete (ETC) Calculation in P6 with Different Scenarios
Earned Value Management (EVM) offers project KPIs, which in turn help in the estimation of the balance cost to complete. Therefore, EVM is the best tool for project cost control. Regarding Earned Value Analysis, Oracle Primavera P6 calculates most of the values automatically for a resource-loaded schedule. Estimate to Complete (ETC) calculations require some user inputs to best relate to the project situation and the forecast. Estimate to Complete (ETC) is the remaining cost required to complete the project. This cost can not be calculated based on a single mathematical formula only and requires an actual depiction of the project [...]