Jul 17, 2018. Is allocated for either overall project schedule or budget; Can be a percentage of
. The end of the PV curve is the budget at completion (BAC), which is the cost
baseline. Another set of observations with quote from a paper.
Preliminary estimate: within the range of -15% to 50%; Budget estimate: within
the range of. Preliminary Estimate; Rough Order of Magnitude Estimate; Budget
Estimate; Definitive Estimate. Different sources would quote -10% to 10%.