If the Cost Variance (CV) of a project is positive, would the Variance at Completion (VAC) be positive or negative? Positive, because the CV represents the current budget status, and the VAC indicates the final outcome under the current trend.What is the Variance at Completion (VAC)? The estimated final cost to complete the project is $275,000. The Variance at Completion is simply a future projected Cost Variance (CV). Rather, it is a projection which assumes that whatever conditions caused a the variance position today will result in a variance position in the future. It should not be confused with the budget underrun or overrun today. The VAC represents the amount of expected budget overrun or underrun at the end of the project.
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