BCWS (Budgeted Cost of Work Scheduled) is plotted over time to represent the planned expenditure at specific intervals.
BCWS provides the basis for schedule and cost performance comparisons.
Evaluation of Other Options:
B: BCWP is used to track actual progress.
C: SPI is a ratio, not a time-scaled value.
D: Actual cost of work scheduled is not a standard metric in earned value analysis.
Verification with PSP Guidelines:The PSP Study Guide identifies BCWS as essential for time-scaled earned value analysis (Ref: PSP Study Guide, Chapter 1D: Earned Value Analysis).
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