© Copyright, 2009, S. Leigh Geiger & Associates, Inc. Using MsProject for Earned Value Calculations Advanced MsProject Course Dr. Leigh Geiger.

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Presentation transcript:

© 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 TermNew Term BCWSPV BCWPEV ACWPAC

© 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