Earned Value Analysis RRS feed

  • Question

  • Hi! I measure the progress of tasks using % completion. Payments are made based on % completion. Will not track resources because most of the project is turn-key. In other words, it doesn't matter how many people are employed as long as the work is finish according to the contract (time and quality). 

    Can I still preform earned value analysis? If not, what will be your recommendation in terms of cost management?

    Thanks in advance! 


    • Edited by isa7667 Friday, August 21, 2015 1:31 PM
    Friday, August 21, 2015 1:28 PM

All replies

  • If you assign a fixed cost to the tasks in the cost table, and baseline the project. For EV you need BCWP, BCWS and ACWP. First two come from the baseline, and the other is the actual cost.
    Friday, August 21, 2015 2:37 PM
  • Hi Trevor! This is an example I created, but I can't figure out the EV,

    How do the BCWP and BCWS come from the Baseline?

    ACWP is not equal to Actual Cost?

    Thanks for your support!

    • Edited by isa7667 Friday, August 21, 2015 3:29 PM
    Friday, August 21, 2015 3:04 PM