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What is Actual Cost?

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Actual cost are the total expenditures incurred by a project or activity at a point in time. It is a basic project measurement that is used to calculate a wide variety of project metrics such as cost performance index and cost variance.
Overview: Actual Cost
The costs realized by a project or activity at a point in time.
A basic measurement that is used to calculate a number of common project metrics.
Related Concepts

Project Metrics

This is the complete list of articles we have written about project metrics.
Actual Cost
Cost Variance
Defect Density
Payback Period
Productivity Rate
Program Metrics
Project Productivity
Risk Exposure
Time To Market
More ...
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Project Metrics

A few ways to measure a project.

Business Metrics

A list of common business metrics.

Innovation Metrics

How to measure innovation including early stage, late stage and overall program metrics.

Project Productivity

A definition of project productivity with 3 example calculations.

Stakeholder Satisfaction

An overview of stakeholder satisfaction.

Change Management

A list of change management first principles.

Project Goals

An overview of project goals with detailed examples.

Project Management Examples

An overview of project management with examples.


The definition of project with examples.

Cost Performance Index

An overview of Cost Performance Index for projects including an example.

Project Risk

A list of common project risks.

Project Management Basics

A list of basic project management techniques.


A definition of workaround with examples.

Project Branding

A list of project branding techniques.

Stakeholder Management

An overview of project stakeholder management with examples.

Action Plan

A definition of action plan with examples.

Cost Overrun

The primary types of cost overrun.

Document Control

The definition of document control with examples.

Project Oversight

A guide to project oversight.

Design-Driven Development

A definition of design driven development with examples.
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