0It Compares Performance Measurement Baseline to the actual schedule and cost performance. Performance Measurement Baseline integrates Scope Baseline, Schedule Baseline and Cost Baseline.
For each work package the following dimensions are calculated :
- Planned Value [PV]. Work that was planned to have been completed at a given point of time
- Budget At Completion [BAC]. Total planned value for the project. Also called Cost Baseline
- Earned Value [EV]. The measure of work performed at a given point of time
- Actual Cost [AC]. The total cost incurred to complete the work measured in EV
Percentage Project Complete at a given point of time. Percentage of EV/BAC
