Earned Value Definitions
/
Budgeted Cost for Work Scheduled (BCWS)

What is Budgeted Cost for Work Scheduled (BCWS)? Earned Value Management explained.

Mia Rutherford
Mia Rutherford
June 11, 2023
5 min read

Budgeted Cost for Work Scheduled (BCWS), also known as Planned Value (PV), represents the planned budgeted cost for the work scheduled to be performed up to a specific point in time. It indicates the value of the work that was planned to be accomplished. BCWS is used for measuring schedule performance.

Calculation: BCWS = Planned % Complete * BAC

Keep up with Gather

Make sure you never miss out! Sign up to our monthly newsletter to keep up with the biggest news stories in construction and the latest Gather updates. Full of our latest case studies, blogs and fun quizzes!

Thank you for subscribing!
Oops! Something went wrong while submitting the form.

Gather needs the contact information you provide to us to contact you about our products and services. You may unsubscribe from these communications at anytime. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, check out our Privacy Policy.