Earned Value Definitions
Budgeted Cost for Work Performed (BCWP)

What is Budgeted Cost for Work Performed (BCWP)? Earned Value Management explained.

Mia Rutherford
Mia Rutherford
June 11, 2023
5 min read

Budgeted Cost for Work Performed (BCWP), also known as Earned Value (EV), represents the budgeted cost of the work actually performed up to a specific point in time. It indicates the value of the work that has been completed. BCWP is used for measuring earned value and assessing project progress.

Calculation: BCWP = Earned % Complete * BAC

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