Can somevody explain ......?

I
Irfan Khan 👤 Member for 16 years 11 months
R
Rodel Marasigan 👤 Member for 19 years 7 months

Irfan,

That is the basic element of Earned Value Management.



Planned Value = BCWS (Budgeted Cost Work Schedule)

Earned Value = BCWP (Budgeted Cost Work Performed)

Actual Value = ACWP (Actual Cost Work Performed)

Budget At Completion = BAC (Budget assigned to Project)

Estimated At Completion = EAC (Total Forecast Cost)

Estimated To Complete = ETC (Remaining cost to complete)

B
Balaji Surendiran 👤 Member for 22 years

hi Irfan



Planned value - Budget * % planned progress

Budget at completion = Actual cost + Remaining cost

Regards,

Balaji

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