Explore BrainMass

Explore BrainMass

    Cost in Project Management

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Why is it important for management to understand the forecasted cost at completion (FCAC)? What if the FCAC is less than the original expected budget? Will they still want to know the details?

    © BrainMass Inc. brainmass.com October 10, 2019, 5:03 am ad1c9bdddf

    Solution Preview

    It is important for management to keep track of forecasted costs at completion so that they can plan for any additional costs incurred during the ...

    Solution Summary

    This excerpt explains why it is important for managers to understand the forecasted cost at completion for projects.