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remaining cost

Updating the schedule: Setting actual and remaining cost values of activities in progress

Submitted by Mario Vanhoucke on Mon, 04/16/2012 - 16:00

actual cost
cost deviations
remaining cost
schedule control

One of the primary tasks during project control is periodically updating the baseline schedule to reflect the actual progress of the work done and to present a realistic forecast of the remaining work. Measuring the progress of a project can be done in various ways. The two most well-known and widely used techniques are:

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remaining cost

Updating the schedule: Setting actual and remaining cost values of activities in progress