Actual Cost of Work Performed (ACWP)

See actual cost (AC).

This term is defined in the 3rd and the 4th edition of the PMBOK.

Related Entries:
     
  • Budgeted Cost of Work Performed  See earned value (EV). This term is defined in the 3rd and the 4th edition of the PMBOK. ...
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  • Actual Cost  The actual cost of a project represents the true total and final costs accrued during the process of completing...
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  • Cost Variance (CV) The term cost variance, also known by the abbreviation of CV, refers specifically to the true measurement of cost performance...
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  • Cost Performance Index The cost performance index, also referred to by the abbreviation (CPI), refers specifically to a method, chart, or other instrument...
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  • Actual Duration The term actual duration can refer to a couple of different things depending on usage and context. In one usage,...

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