The estimated amount of money still needed to finish the remaining work on a project.
Cost to complete (CTC) is the estimated amount of money still needed to finish all remaining work on a project or a specific work scope. It is calculated by subtracting costs incurred to date from the total estimated cost at completion. CTC is a key metric in job cost reporting and earned value analysis, used to forecast final project profitability and identify overruns before they materialize.
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