B






B

BAC
An earned value indicator; the acronym stands for Budget At Completion. This is the same as baseline cost.
base calendar
A calendar that can serve as the project calendar or a task calendar. A base calendar defines the default working times for resources. Project includes three base calendars named Standard, 24 Hours, and Night Shift. You can customize these, or you can use them as a basis for your own base calendar.
baseline
The original project plan, saved for later comparison. The baseline includes the planned start and finish dates of tasks and assignments, as well as their planned costs. Project plans can have up to 11 baselines.
BCWP
An earned value indicator; the acronym stands for Budgeted Cost of Work Performed. In earned value analysis, this is the budgeted cost of tasks that have been completed (or the portion completed of each) by the status date. BCWP is also called Earned Value (EV) because it represents the value earned in the project by the status date.
BCWS
An earned value indicator; the acronym stands for Budgeted Cost of Work Scheduled. In earned value analysis, this is the portion of the project’s budget that is scheduled to be spent by the status date. BCWS is also called Planned Value (PV).
bottom-up planning
A method of developing a project plan that starts with the lowest-level tasks and organizes them into broad phases.
burdened labor rate
A resource cost rate that reflects not only the resource’s direct payroll cost, but also some portion of the organization’s costs that are not directly related to the resource’s assignments on a project. Note that Project doesn’t support a burdened labor rate directly; if you want to use one, simply enter it as a resource’s standard or overtime cost rate.


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