Planned Value Cost is the portion of the budgeted or planned total cost of the activity that is scheduled to be completed as of the project data date, according to the baseline. Computed as Planned Value Cost = Individual resource Budget At Completion * (Data Date of current project - Baseline Assignment Start Date) / (Baseline Assignment Finish Date - Baseline Assignment Start Date). The Planned Value Cost of an activity is the sum of the Planned Value Cost of each individual resource assignment on the activity. If an activity has a resource or role assignment with manually-defined future period bucket values, Planned Value Cost is calculated using the manual assignment values.
If an activity has no resources, its Planned Value Cost is calculated as the Budget At Completion * Schedule % Complete [(Data date - Baseline Start) / (Planned Finish - Baseline Start)]. The Schedule % Complete specifies how much of the activity's original or planned duration has been completed so far.