A measure of the cost of work performed up to the status date or the current date. It uses baseline cost values and actual work to date to show if the actual costs incurred are on budget. It indicates how much of the baseline cost should have been spent, relative to the amount of work done so far. Earned Value is also referred to as budgeted cost of work performed (BCWP).
The Project Management Search Engine results here
[ Go Back ]
Microsoft Project® Fields, Terms and Definitions
Copyright © by PMConnection - (2103 reads)