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  2. Budgeted cost of work performed - Wikipedia

    en.wikipedia.org/wiki/Budgeted_cost_of_work...

    BCWP is a term in Earned value management approach to Project management. BCWP is contrasted to Budgeted Cost of Work Scheduled (BCWS) also called Planned Value (PV) . BCWS is the sum of the budget items for all work packages, planning packages, and overhead which was scheduled for the period, rather than the cost of the work actually performed.

  3. Earned value management - Wikipedia

    en.wikipedia.org/wiki/Earned_value_management

    Earned value management (EVM), earned value project management, or earned value performance management (EVPM) is a project management technique for measuring project performance and progress in an objective manner.

  4. Devaux's Index of Project Performance - Wikipedia

    en.wikipedia.org/wiki/Devaux's_Index_of_Project...

    It was introduced in the Sep/Oct 1992 issue of Project Management Journal [2] and reprinted as a chapter in the 1999 book Essentials of Project Control. [3] It was intended to lessen the emotions surrounding such a critical decision by reducing the value/cost aspects to a formula that removed sunk costs from consideration while focusing on ...

  5. Consumer price index - Wikipedia

    en.wikipedia.org/wiki/Consumer_price_index

    A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...

  6. List of statistical tools used in project management - Wikipedia

    en.wikipedia.org/wiki/List_of_statistical_tools...

    PERT network chart for a seven-month project with five milestones (10 through 50) and six activities (A through F). work breakdown structure, A work breakdown structure (WBS), in project management is a deliverable oriented decomposition of a project into smaller components. A Gantt chart is a type of bar chart, that illustrates a project schedule.

  7. What is the Consumer Price Index (CPI) and why is it useful?

    www.aol.com/finance/consumer-price-index-cpi-why...

    This formula determines the overall inflation rate, which is the percentage change in the CPI over a given time period. In January 2024, the CPI increased 3.1 percent over the previous 12 months ...