^ [[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).
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Spanish Guide: [[Coste Real (CR)]]
<-- [[Activity]]
--> [[Administrative Closure]]