estimate to complete (PM) (ETC)

In project management, Estimate to Complete (ETC) refers to the remaining costs that are expected to be incurred until the final completion of the project.

ETC costs can also relate to subprojects or project phases. Estimate to Complete costs should be estimated as early as possible, as this helps the project team with cost management and budget planning. The estimated ETC costs can bereviewed at certain project progress and corrected if necessary.