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Is my calculation for EAC correct?

You are assigned as the project manager to a project which had a one-time cost variance in the past caused by unexpected rework which has meanwhile been finished.


You perform earned value analysis and get the following results:
EV: 250,000; PV: 200,000; AC 275,000


BAC is 500,000.


What is EAC?



BTC=BAC-PV=500,000-200,000=300,000


lapse=PV-EV=-50,000


EAC=AC+BTC+lapse=275,000+300,000-50,000=525,000


 

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