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EARNED VALUE COST DIFFERS

Haneef SyedMember for 18 years 7 months
Created
11
4
0

Why the earned value cost differs, in P6, In an updated  programme when it is assigned with an original Baseline programme and when no base line (Except current project) programme is attached?

Please clarify, why Earned Value cost changes this case?

11 replies

Oldest first
  1. 0
    Gary Whitehead ·

    Earned Value = %complete x

    Earned Value = %complete x Budget at Completion

     

    Budget at Completion comes from the baseline.

     

    If you change the baseline, you change the BAC. If you change the BAC, you change the EV.

  2. 0
    Haneef Syed ·

    Mr. Gary,Thanks for your

    Mr. Gary,

    Thanks for your response. But as per the formula, when activity is in progress and percent complete is 40, why the earned value cost showing 100% of the activity ?

    Please find attached a screen shot of P6 for the above case.  Please see the highlighted activity.

  3. 0
    Gary Whitehead ·

    I can't make any of the

    I can't make any of the details out on you screenshot, but possible explanations are:

     

    1) Wrong Earned Value settings (Admin menu > Admin settings > Earned Value. What are your current settings for "technique for computing performance % complete" and "When calculating Earned Value from a Baseline"?

    2) Wrong % complete. insert the column "performance % complete" -does this match the "activity % complete"?

    3) Budget has changed since baseline was taken. Insert the column "Budget at completion" -does it match the current budget of the activity?

  4. 0
    Haneef Syed ·

    My settings1.When calculating

    My settings

    1.When calculating Earned value from a baseline use>

    Budgeted vaues with current dates.

    Technique for computing performance % complete  is Activite % complete

     

    2. Performance % and Activity % complete matches 

     

    3. Same Budgets matches in baseline and current activity.

     

    Please see the attachement if possible

  5. 0
    Haneef Syed ·

    My settings1.When calculating

    My settings

    1.When calculating Earned value from a baseline use>

    Budgeted vaues with current dates.

    Technique for computing performance % complete  is Activite % complete

     

    2. Performance % and Activity % complete matches 

     

    3. Same Budgets matches in baseline and current activity.

     

    Please see the attachement if possible

  6. 0
    Zoltan Palffy ·

    in your admin preferences

    in your admin preferences what under the Earned Value Tab what setting are you using under Technique for computing performance percent complete ? is it Activity % Complete ?

    also in this same tab what settings are you using for Technique for Computing Estimate to Complete (EAC) ?

    also what setting are you using under the Earned Value Calculation setting ? is it Budgeted value with current dates ?

     

  7. 0
    Haneef Syed ·

    I am usiing Activity %

    I am usiing Activity % Complete   for computing Performance % complete

     

    For Earned value calculations  I am using  Budgetted values with current dates

    Technique for computing Estmate to complete (ETC)

    Using  Remaining cost for activity

  8. 0
    Haneef Syed ·

    Mr. Zoltan,My settings are as

    Mr. Zoltan,

    My settings are as below

    I am usiing Activity % Complete for computing Performance % complete

     

    For Earned value calculations I am using Budgetted values with current dates

    Technique for computing Estmate to complete (ETC)

    Using Remaining cost for activity 

  9. 0
    Zoltan Palffy ·

    does your physical % complete

    does your physical % complete match the activity % complete ?

  10. 0
    Haneef Syed ·

    Yes Physical % complete and

    Yes Physical % complete and Activity % Complete is same 40%, even Performance % complete 40%.

    This particular activity has started out of sequence.

  11. 0
    Haneef Syed ·

    Problem was found outThis

    Problem was found out

    This problem has occured due to the wrong setting in Activity Expenses,  ACCRUAL TYPE is taken as 'Start of Activity' instead of 'Uniform over the Activity'.

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