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1 actual cost of work performed
"The actual costs incurred for work already performed by a resource on a task, up to the project status date or today's date."English-Arabic terms dictionary > actual cost of work performed
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2 budgeted cost of work scheduled
"The earned value field that shows how much of the budget should have been spent, in view of the baseline cost of the task, assignment, or resource. BCWS is calculated as the cumulative timephased baseline costs up to the status date or today's date."English-Arabic terms dictionary > budgeted cost of work scheduled
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3 CPI
The ratio of budgeted costs of work performed to actual costs of work performed [BCWP/ACWP]. The cumulative CPI [sum of the BCWP for all tasks divided by the sum of the ACWP for all tasks] can be used to predict whether a project will go over budget. -
4 cost performance index
The ratio of budgeted costs of work performed to actual costs of work performed [BCWP/ACWP]. The cumulative CPI [sum of the BCWP for all tasks divided by the sum of the ACWP for all tasks] can be used to predict whether a project will go over budget. -
5 earned value
A measure of the cost of work performed up to the status date or current date. Earned value uses your original cost estimates saved with a baseline and your actual work to date to show whether the actual costs incurred are on budget. -
6 completed percentage
A type of assessment principle that specifies that revenue and costs are recognized while work progresses. -
7 ACWP
"The actual costs incurred for work already performed by a resource on a task, up to the project status date or today's date." -
8 project summary task
"A task that summarizes the duration, work, and costs of all tasks in a project. The project summary task appears at the top of the project, its ID number is 0, and it presents the project's timeline from start to finish." -
9 bottom-up estimating
"An estimating method in which the base costs of individual work items or resources are calculated into task, resource, and project cost totals."
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