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Using MsProject for Earned Value Calculations. Advanced MsProject Course Dr. Leigh Geiger. Set Up Process. Create Project Plan Baseline the Plan Track progress/actuals & update the plan Set the Status Date Select the Earned Value method Use MsProject EV Views & Reports. Set Up Process. - PowerPoint PPT Presentation
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© Copyright, 2009, S. Leigh Geiger & Associates, Inc.
Using MsProject for Earned Value Calculations
Advanced MsProject Course
Dr. Leigh Geiger
© Copyright, 2009, S. Leigh Geiger & Associates, Inc.
Set Up Process
1. Create Project Plan
2. Baseline the Plan
3. Track progress/actuals & update the plan
4. Set the Status Date
5. Select the Earned Value method
6. Use MsProject EV Views & Reports
© Copyright, 2009, S. Leigh Geiger & Associates, Inc.
Set Up Process
Create Project Plan Baseline the Plan Track progress/actuals & update the plan
4. Set the Status Date
5. Select the Earned Value method
6. Use MsProject EV Views & Reports
© Copyright, 2009, S. Leigh Geiger & Associates, Inc.
Earned Value Methods
% Complete Calculated for each task: [Act Dur/Dur]*100 If you enter it directly -Project calculates Act. & Rem.
Duration Use if actual work is entered
Physical % Complete Not calculated, must be entered directly Use if Actuals aren’t accurate
Possible to use up 90% of total task duration and still be only 10% Physical Complete, e.g., when most work is planned for the last minute.
© Copyright, 2009, S. Leigh Geiger & Associates, Inc.
EV Terms in Project
Old Term New Term
BCWS PV
BCWP EV
ACWP AC
© Copyright, 2009, S. Leigh Geiger & Associates, Inc.
EV Views & Reports
Table Views Earned Value Earned Value Cost Indicators Earned Value Schedule Indicators
Cost Reports Earned Value
Visual Reports EV Over Time
