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Budget

Budgeting and Cost Control Training Slides

Description 

1) Purpose:  This slide deck allows the user to quickly develop a training presentation for budget and cost controls.  It may be easily customized to reflect any specific SOP’s.

BCWS

Budgeted Cost of Work Scheduled (BCWS) is used in Earned Value Analysis

For a fuller understanding, this Wiki entry should be read in conjunction with ACWP and BCWP.

 

BCWS is the cumulative budget cost of doing work as defined in the Base programme.

The total budget value of the activities are added up for each period and plotted cumulatively to give a profile on a graph.

 

Further info can be found at:

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