Earned Value Management (EVM) for Project Management & Program Management. Software. Space to share knowledge, definitions, opinions and experiences related with Project Management and Earned Value Management. Please, leave your comments.
The Budget At Completion (BAC), sometimes named "The Budget", is not a function of time, It is simply a constant value. It can be defined as the maximun of the Planned Value (PV) or the Planned Value (PV) at the end of the project.