Question: what is bctw in project management?
Answer: BCWP is a term in Earned value management approach to Project management. BCWP is contrasted to Budgeted Cost for Work Scheduled (BCWS) also called Planned Value (PV). ... BCWP is also contrasted to Actual Cost of Work Performed (ACWP) which measures the actual amount spent rather than the budgeted estimates.