Budgeted cost of work performed

Budgeted Cost for Work Performed (BCWP) also called Earned Value (EV), is the budgeted cost of work that has actually been performed in carrying out a scheduled task during a specific time period. The BCWP is the sum of the budgets for completed work packages and completed portions of open work packages, plus the applicable portion of the budgets for level of effort and apportioned effort. (The items identified in the Work breakdown structure plus overhead costs, plus costs related in proportion to the planning and performance.)

Budgeted cost of work performed

Budgeted Cost for Work Performed (BCWP) also called Earned Value (EV), is the budgeted cost of work that has actually been performed in carrying out a scheduled task during a specific time period. The BCWP is the sum of the budgets for completed work packages and completed portions of open work packages, plus the applicable portion of the budgets for level of effort and apportioned effort. (The items identified in the Work breakdown structure plus overhead costs, plus costs related in proportion to the planning and performance.)