Curious about your project’s financial future? Let’s explore budget projections!
A projection of budget deficit or surplus is the difference between the budget at completion and the estimate at completion.
This projection helps you understand your financial standing. It highlights potential budget issues early on.
VAC= Budget at Completion (BAC) – Estimate at Completion (EAC).
Calculate the projection regularly. A positive result means a surplus; a negative result means a deficit.
Use budget projections to keep your finances on track. It’s essential for successful project management!
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