Glossary

accrual

The method by which a project incurs the cost of a task or a resource. The three types of accrual are start, prorated, and end.

actual

The details about task completion recorded in a Project plan. Prior to recording actuals, the project plan contains scheduled or planned information. Comparing planned project information to actuals helps the project manager better control project execution.

ACWP

An earned value indicator; the acronym stands for Actual Cost of Work Performed. In earned value analysis, this is the actual costs of tasks that have been completed (or the portion completed of each) by the status date.

allocation

The portion of the capacity of a resource devoted to work on a specific task.

assignment

The matching of a work resource ...

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