Budgeted Cost of Work performed is the sum total of costs of work that actually has been completed in the specified time period.
For example:- A task ‘test software’ has to be executed from 1st November to 19th November. A cost of INR 1,00,000 is expected to be incurred for the task. BCWP will be INR 1,00,000 for the specified period.
Browse the definition and meaning of more terms similar to Budgeted Cost of Work performed(BCWP). The Management Dictionary covers over 7000 business concepts from 6 categories. This definition and concept has been researched & authored by our Business Concepts Team members.
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