Actual Cost of Work Performed

A set of conditions that is required to be met before deliverables are accepted

A distinct, scheduled portion of work that is performed during the course of a project.

The realized cost incurred for the work performed on an activity during a specific time period.

A technique for estimating the duration or cost of an activity or a project using historical data from a similar activity or project.

An activity where effort is allotted proportionately across certain discrete efforts and not divisible into discrete efforts. Apportioned effort is one of three earned value management (EVM) types of activities used to measure work performance.

A factor in the planning process that is considered to be true, real, or certain, without proof or demostration.