The detailed cost estimates for each activity in the project is the actual cost of work performed.

Question

Quizplus · Accepted Answer

The detailed cost estimates for each activity in the project represent the planned or estimated costs, not the actual cost of work performed. The actual cost of work performed (ACWP) is determined after the work has been completed and is often compared against the estimated costs for budget analysis and control.

The Detailed Cost Estimates for Each Activity in the Project