MicrosoftВ® Office Project 2003 Step by Step (Step by Step (Microsoft))

An earned value indicator; the acronym stands for Variance At Completion. In earned value analysis, this is the forecasted cost variance to complete a task based on performance up to the status date (VAC = BAC – EAC).

A quantity of a material resource to be consumed that will change if the duration of the task to which it is assigned changes.

A deviation from the schedule or budget established by the baseline plan.

A visual representation of the tasks or resources in your project. The three categories of views are charts, sheets, and forms. Views enable you to enter, organize, and examine information in a variety of formats.