See Budgeted Cost of Work Performed

Budgeted Cost of Work Performed How much work has been done

(budgeted cost of work performed) Indicates how much of a task's budget should have been spent, given the actual duration of the task. BCWP is calculated for each task but analyzed at an aggregate level, such as for one project or for a project portfolio. BCWP is one of the primary measures used in earned value analysis and can be thought of as the actual earned value.