Budgeted Cost of Work Performed See earned value (EV).This term is defined in the 3rd and the 4th edition of the PMBOK. Get all important Project Management Updates! Related Articles: Budgeted Cost of Work Scheduled See planned value (PV). This term is defined in the 3rd and the 4th edition of the PMBOK. Get all... Actual Cost of Work Performed (ACWP) See actual cost (AC). This term is defined in the 3rd and the 4th edition of the PMBOK. Get all... Cost-Plus-Fee The cost-plus-fee is also referred to by the abbreviation of CPF, and represents a variant of a cost reimbursable contract... Cost Variance (CV) The term cost variance, also known by the abbreviation of CV, refers specifically to the true measurement of cost performance... Cost-Plus-Percentage of Cost (CPPC) See cost-plus-fee. This term is defined in the 3rd and the 4th edition of the PMBOK. Get all important Project...