EAC faces cash crunch as states default on budget contributions

Calculating Estimate at Completion (EAC)

Even the most meticulously planned projects experience unforeseen changes, and when this happens, we need to quantify the effect these changes have. Luckily, there are formulas that eliminate the guesswork. One of these formulas solves for Estimate at Completion — an important metric for monitoring a project budget. Keep reading to learn why to always calculate Estimate at Completion and exactly what this formula can do. What Is Estimate at Comp…

EAC faces cash crunch as states default on budget contributions

The DRC leads in unpaid arrears with $20.7 million, followed by Burundi with $15.8 million and South Sudan with $15.1 million.