This workshop presents a common sense approach for preparing EACs and provides tools for perfecting the estimating process. The training emphasizes the EAC cycle and each detailed step involved, for example, preparation, graphic analysis, and documentation of assumptions and rationale. The workshop includes the monthly EAC update process and the requirement to perform an annual Comprehensive EAC. Methods for developing independent EACs used to validate developed EACs are included as well as using the EAC to forecast when a project will be completed. Participants develop a complete understanding of each phase of the EAC cycle through case studies. The latest industry trends are covered, as well as how to avoid problems and pitfalls.
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