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Can somevody explain ......?

Irfan KhanMember for 17 years 3 months
Created
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Hi to all,

I want to understand meaning of following with some example :

1) Planned Value Cost

2) Budget At Completion

Thanks in advance.......

4 replies

Oldest first
  1. 0
    Balaji Surendiran ·
    hi Irfan

    Planned value - Budget * % planned progress
    Budget at completion = Actual cost + Remaining cost
    Regards,
    Balaji
  2. 0
    Shah. HB ·
    Hi Irfan

    \check this link out

    https://acc.dau.mil/CommunityBrowser.aspx?id=241394
  3. 0
    Rodel Marasigan ·
    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)
  4. 0
    Irfan Khan ·
    Thanks to all of you.....

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