Which metric shows the planned value of the work scheduled?

Which metric shows the planned value of the work scheduled?

• A. Budgeted Cost for the Work Performed (BCWP)
• B. Actual Cost of Work Performed (ACWP)
• C. Budgeted Cost for the Work Schedule (BCWS)
• D. Budget at Completion (BAC)

Answer: (C)

In Earned Value Management, the planned value of the work scheduled is the Budgeted Cost for the Work Schedule. This metric represents the amount of budget that should be spent by a given date if the project progresses exactly as planned, i.e., the value of the scheduled work. The other terms measure different things: the Budgeted Cost for the Work Performed is the earned value (the value of work actually completed), the Actual Cost of the Work Performed is the real money spent to perform the work, and Budget at Completion is the total project budget. So the scheduled, planned value is the Budgeted Cost for the Work Schedule.

In Earned Value Management, the planned value of the work scheduled is the Budgeted Cost for the Work Schedule. This metric represents the amount of budget that should be spent by a given date if the project progresses exactly as planned, i.e., the value of the scheduled work. The other terms measure different things: the Budgeted Cost for the Work Performed is the earned value (the value of work actually completed), the Actual Cost of the Work Performed is the real money spent to perform the work, and Budget at Completion is the total project budget. So the scheduled, planned value is the Budgeted Cost for the Work Schedule.