Earned Value Definitions
Actual Cost (AC)

What is Actual Cost (AC)? Earned Value Management explained.

Mia Rutherford
Mia Rutherford
June 11, 2023
5 min read

Actual Cost (AC) refers to the real cost incurred for completing the work up to a specific date or milestone. It includes all direct and indirect costs associated with the project, such as labor, materials, and overhead expenses. AC provides an accurate measure of the actual expenses incurred and is used for cost performance analysis.


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