Forecast

Estimate at Completion. Actual direct costs, plus indirect costs allocable to the contract, plus the estimate of cost (direct and indirect) for authorized work remaining. This is a special reporting set used in a number of standard reports and can change based on the terminology setting. By default in v4.x this set was titled EAC. In v5.0, by default, is Forecast. This value appears in the Control Account pane of the Project View. If you use the Project Option to Scale EAC, the value used for scaling is contained in this field.