Chapter 5 Project Control

Question 1

What is BCWP & ACWP stand for?

Answer 1

Budgeted cost of work performed
Actual costs of work performed

Question 2

What is the process of front loading? Why is it done?

Answer 2

front loading is achieved by assigning higher costs to early activities, and lower costs to late activities, but keeping the total project cost unchanged. It is a common practice since the GC tends to have a lot of expenditures at the beginning of the project.