See actual cost (AC). This term is defined in the 3rd and the 4th edition of the PMBOK. Get free Project Management updates! Related Articles: Actual Duration The term actual duration can refer to a couple of different things depending on usage and context. In one usage,... Budgeted Cost of Work Performed See earned value (EV). This term is defined in the 3rd and the 4th edition of the PMBOK. Get free... Actual Finish Date (AF) Project management must always keep in mind the predicted completion of the task. Once the work has ended, the project... Actual Cost The actual cost of a project represents the true total and final costs accrued during the process of completing all... Budgeted Cost of Work Scheduled See planned value (PV). This term is defined in the 3rd and the 4th edition of the PMBOK. Get free...