^ [[Appendix G - Glossary - PM2]] # Actual Cost (AC) Actual Cost (AC) is the amount of cost (**monetary units**) actually incurred until a given point in time (e.g. within a predefined reporting period). Also known as **Actual Cost of Work Performed** (ACWP). ___ Spanish Guide: [[Coste Real (CR)]] <-- [[Activity]] --> [[Administrative Closure]]