The cost of the percentage of work that has been completed on a task.
- Actual Cost of Work Performed
- ACWP (Actual Cost of Work Performed)
Cost of the actual, real work done on a project to date, plus any fixed costs.
- ALAP (As Late As Possible)
A constraint put on a task’s timing to make the task occur as late as possible in the project schedule, taking into account any dependency relationships. See also dependency.
- ASAP (As Soon As Possible)
A constraint put on a task’s timing to make the task occur as early as possible in the project schedule, taking into account any dependency relationships. See also dependency.
- BAC (Budget at Completion)
The sum total of all costs involved in completing a task. See also baseline cost.
- base calendar
The default calendar on which all new tasks are based, unless a resource-specific calendar is applied.
The detailed project plan against which actual work is tracked.
- baseline cost
The total planned costs for a project’s tasks, before any actual costs are incurred.
- BCWP (Budgeted Cost of Work Performed)
Also called earned value, this term refers to the value of work that has been completed. For example, a task with $1,000 of costs accrues a baseline value of $750 when it’s 75 percent complete.
- BCWS (Budgeted Cost of Work Scheduled)
The percentage of the plan that’s completed multiplied by the planned costs. This calculated value totals a task’s completed work and its remaining planned costs.
- booking type
A category for resources that specifies ...