BCWS

Budgeted Cost of Work Scheduled is the earned value metric representing the budget authorized for work planned to be accomplished by a specified date. BCWS establishes the time-phased budget baseline against which actual performance is measured in Earned Value Management systems.

The sum of all BCWS values over the contract period equals the Performance Measurement Baseline. Comparing BCWS against BCWP reveals schedule variance—whether work is being completed as planned. BCWS is established during baseline development and should only change through formal baseline change control processes.