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What Is Budgeted Cost of Work Performed (BCWP)? – Budgeted Cost of Work Performed (BCWP) is the sum of the budget for work completed plus apportioned work in progress to be completed during a relevant time period. BCWP can also be calculated by taking the percentage of work completed times the baseline cost of the activity (% Complete x Planned Cost for each activity).

For all Project Management Definitions, check the PMO and Project Management Dictionary by John Filicetti

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