PMI - Community Post
An informative newsletter for PMI's global membership. 28 March 2008
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Nudging Project Teams Up the Maturity Ladder

If you are a project manager in a situation where team members and stakeholders are not working to move project management along a path of maturity, what can you do?
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Quick Quiz

I’m confused by alphabet abbreviations such as BAC, ETC and EAC. Aren’t the Budget at Completion and the Estimate at Completion the same thing?

A. At the project start, Budget at Completion equals Estimate at Completion—but that can change.

B. Estimate at Completion and Estimate to Complete are the same thing.

C. Each organization designs its own terms to describe what a project will cost.

D. All projects vary, so after you budget costs estimate your accuracy with ETC.

Test your knowledge

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