earned value cost control
Definition
Progress-to-date of a project expressed in monetary terms, in order to compare the actual cost with the budgeted cost. It is usually computed by applying a performance-measure factor to the budgeted cost.
Popular 'Accounting & Auditing' Terms
earned value cost control in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/earned-value-cost-control.html
