Still Struggling with Cost Issues
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Kari LucasMember for 16 years 4 months
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Hi, everyone,
I wonder if anyone has had this issue.
I have created a lump sum resource to spread budget dollars. I type the $ amount in the budgeted units and it populates with the corresponding budgeted cost. It works great when it works. I have 3 Level of Effort activities for spreading the same budget across 3 different time periods. (I didn’t use WBS Summary because I can’t link them logically) I am able to insert the budget in the first activity but the budgeted units zeros out in the other 2 activities as soon as I hit the F9 key.
Any thoughts as to why this may be happening?
I wonder if anyone has had this issue.
I have created a lump sum resource to spread budget dollars. I type the $ amount in the budgeted units and it populates with the corresponding budgeted cost. It works great when it works. I have 3 Level of Effort activities for spreading the same budget across 3 different time periods. (I didn’t use WBS Summary because I can’t link them logically) I am able to insert the budget in the first activity but the budgeted units zeros out in the other 2 activities as soon as I hit the F9 key.
Any thoughts as to why this may be happening?
3 replies
Oldest first- 0Kari Lucas ·Hi, Rodel,
Thanks for responding. I’ve let that particular cost issue go for now. I think it had something to do with using linked LOE activities but anyway I’ve figured out a workaround.
Here’s another question you may be able to answer. I have a project that is in progress and it is to become the revised baseline. So I have added the current project in Maintain baselines and assigned it as the baseline to the project. I would expect to see the Earned Value of the project be the same as the Planned Value but that is not the case. Can you explain why this might be? The only thing I can think is that Planned Value may be calculated from Original Durations and Earned Value is calculating from Actual Durations.
Thanks in advance for any insight you can offer. - 0Rodel Marasigan ·Kari,
Plan % progress is always based on Planned Date of a baseline. If you revised the baseline using the actual date then you should changed the Planned date to match the actual date and actual progress by using Global change.
Below link is some thread regarding Re-Baseline
How to set Baseline- After revised the Schedule and to Post #2
EV based on Actual Physical Progress which is not always the same as Planned Value except if you are using Update Progress function (Spotlight) which is using Planned Date. Even you change the baseline and reflect the actual date as I mentioned above there is still a possibility of not matching EV to PV because PV is calculated based on Prorated Value of Cost assigned to activity or Prorate resource curve distribution if resource curve is assigned while Physical Progress is manual input or base on Physical effort.
Ex: PV = Act1 = 5day with 100 units
PV = 40% = 40unit = 2days actual and 3days remaining
EV= Physical effort = 50% with 2days and 50units
If act is re-baseline using Actual Date PV is still not equal to EV.
P6 has a setting to correct this by changing Earned Value calculation options. (Admin-> Admin Preferences-> Earned Value tab-> Earned Value Calculation) Change it to At Completion Values with Current Dates.
Best Regards,
Rodel
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