Also EVEarned Value More. The value of workThe total number of hours, people or effort required to comp... More performed expressed in terms of the approved budgetA budget represents the (time-phased) cost performance targe... More assigned to that workThe total number of hours, people or effort required to comp... More for a scheduleSee project schedule and see also schedule model. The timing... More activityA component of work performed during the course of a project... More or work breakdown structure componentAn entry in the work breakdown structure that can be at any ... More. Also referred to as the budgeted cost of work performedAlso BCWP. See Earned Value / EV. More (BCWPBudgeted Cost of Work Performed. See Earned Value / EV. More). More information