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In January 2008, revised PACE Codes of Practice A-E came into force. Match up the Code to what is relates t
-Code B
Earned Value Management
A project management technique that combines measurements of project scope, schedule, and cost performance to assess project progress and performance.
Actual Cost
The total amount of money that has been spent on a project or activity up to a specific point in time.
Budgeted Cost
The estimated financial expenditure allocated for a project or a specific activity within a project.
Planned Value
The budgeted cost of work scheduled to be completed by a specific point in time during a project.
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