Earned value cost & Actual cost not coming same??
In the Open Standard
John Paul AugustineMember for 16 years 7 months
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hi everybody,
In my program the earned value cost & actual cost not coming equal for some activities?
So in that case i have to uncheck the cost units linked option under resource tab in activity details and manually make budegeted cost & at completion cost equal.
Is there any default option available for solving this problem?
In my program the earned value cost & actual cost not coming equal for some activities?
So in that case i have to uncheck the cost units linked option under resource tab in activity details and manually make budegeted cost & at completion cost equal.
Is there any default option available for solving this problem?
3 replies
Oldest first- 0Rodel Marasigan ·Hi John,
Earned Value and Actual Cost is totaly different. There are a lot of topics discussed regarding EV in this forum.
EV is also known (BCWP) Budgeted Cost for Work Performed while Actual Value is the physical value of the progress or (ACWP) Actual Cost of Work Performed. (Click link below as one of the discussion related to EV)
Schedule % Complete Post #17
If you need to reflect actual cost = earned value for other reason you need to set % Complete type = Labor Unit and Duration Type = Fixed Duration and Unit.
This setting will automate your actual unit = budget labor unit * % complete = Earned Value. Even the duration change it will retain the budget unit the same.
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