I am not understanding how MS Project (2016, in this case) calculates the BCWP component of Earned Value. To illustrate: below is a one-task project. The task is five days long, has one resource assigned 8/hrs per day at $10 per hr. The task starts 4/29 and finishes 5/5.The task is set to use Physical % Complete as the basis for Earned Value calculations, and the project is set to not calculate Actual Cost automatically (so I can enter an Actual Cost manually).
I set the project's baseline and all works as it should: baseline cost is set to $400.
Then I set the task to 100% complete and the Physical % Complete also to 100%. I enter an actual cost of $500. ACWP correctly displays that value, and correctly displays the $400 BCWS.
Lastly, I set the Project Status Date to 5/9/16, after the finish date of the task.
What I get is shown below. I don't understand why BCWP is $0.00. The task has been performed, it has a Budget Cost of $400. Shouldn't Project show $400 for the BCWP on this completed task? Calculating the Project has no effect.
I'm not the world's greatest MS Project expert, so I suspect I'm doing something wrong here, and I'd appreciate any insights as to what my error is. Am I mis-understanding BCWP? Do I have some setting wrong?
Thanks for any help.