Actual cost (AC):
Also known as actual cost of work performed (ACWP), shows how much money has been spent on a project to date.
Cost variance (CV):
Indicates whether the estimated project cost is above or below the set baseline.
Earned value (EV):
Aka budgeted cost of work performed (BCWP), shows the approved budget for performed project activities up to a particular time.
Planned value (PV):
Aka budgeted cost of work scheduled (BCWS), is the estimated cost for project activities planned/scheduled as of reporting date.
Return on investment (ROI):
Shows a project’s profitability and whether the benefits have exceeded the costs.
Introduction To Project Management Training
Tonex offers Project Management Fundamentals, a 2-day course that focuses on project management as a core competency and the application of key project management tools and technologies across business units.
Related Courses:
SharePoint for Project Management Training : (3 days)
Engineering Project Management Training : (3 days)
Systems Engineering Project Management Training : (2 days)
Project Management Essentials Training : (3 days)
Project Time and Cost Management Training for Scientists and Engineers : (4 days)
Project Stakeholders Management Training : (3 days)
Request more information regarding project management. Visit tonex link below
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