The expected additional cost needed to complete an activity, a group of activities, or the project. Most techniques for forecasting ETC include some adjustment to the original cost estimate based on project performance to date. Also called "estimated to complete." See also earned value and estimate at completion. Float See total float.
At any point in the project, this is the best estimate of what resources it will take to complete the project, regardless of what has been spent to date or the original budget. GANTT chart. A series of lines (usually extra thick) that represent the beginning and end dates for each task in a project, placed on some form of time line. Milestone. A key point (date) in a project when an event will occur, such as completing a task or delivering an interim deliverable.