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Glossary
A
ABCP See As Built Critical Path.
AC See Actual Cost.
Acceleration Premium See also Delay Cost. Increase in the value of the
nal product due to earlier completion or delivery date.
Activity-Driven Milestone A milestone representing the start or nish of
an activity or work package. Used on US Department of Defense
programs for proportioning earned value credit.
Actual Cost (AC) The realized cost incurred for the work performed
on an activity during a specic time period. Referred to by the
US Department of Defense as Actual Cost for Work Performed
(ACWP).
ALAP Schedule See As Late As Possible Schedule.
Ancestor All activities that precede ...