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3 votes
Accepted

EVM and Schedule Variance

I cannot speak to how MS Project calculates EV data; however, using earned value to analyze your schedule is not advised. SV and SPI becomes 0 and 1.0 respectively as the task or project finishes. ...
David Espina's user avatar
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2 votes

Why is MS Project 2016 Showing a $0 for BCWP on a completed task

An important aspect of both BCWS and BCWP is that they are time-phased values. Their values will change based on the date values of a task's baseline start and the project status date. This ...
Andrew M.'s user avatar
2 votes
Accepted

Agile and Earned Value

Edit: More reading on Wikipedia has thrown up this sentence that is so important I'm putting it at the top. Again, it supports my first impression of using agile and EV: Because EVM requires ...
dKen's user avatar
  • 215
2 votes

CPI value at project closure

At completion, your BCWP or EV will equal your BAC. So your CPI formula will be BAC / CAC (cost at completion). So, unless your CAC = your BAC, meaning you neither over- nor under-ran your budget, ...
David Espina's user avatar
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2 votes
Accepted

Calculation of ACWP, BCWP and BCWS in MS Project

Your BCWS should not change. It remains consistent with your baseline so that your SV, SPI (SVt or SPIt if using Earned Scedule), will properly calculate a negative or less than 1.0 value, ...
David Espina's user avatar
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2 votes

Why are BCWP and BCWS null if the task is completed?

Ensure you've established a baseline and you have updated the Status Date. And check how the project is calculating EV. I believe you have two options: % complete or % physical complete. I don't think ...
David Espina's user avatar
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2 votes
Accepted

Planned / earned value for items outside of the project scope?

You should never perform work that is out of scope without a change request that would modify the scope and provide additional budget and time. When you complete a change request, assuming the scope ...
David Espina's user avatar
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1 vote
Accepted

How to handle unequally distributed material cost in EVM

Some organizations buy materiel and inventory it until it is claimed by a project. At that time, the project recognizes the costs as AC. If you can account for costs in that manner, a matter of ...
David Espina's user avatar
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1 vote

Earned Value for a task with non proportional costs

You need to claim the proper % complete based on the way you developed the plan. For EV, we calculate the costs of the development of the project's product because EV is a COST control tool. It would ...
David Espina's user avatar
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1 vote

Using EVM would purchase orders be actual costs or estimates to complete?

Accounting for costs and EV are not the same thing. For EV I would not recognize the costs as AC (ACWP) until the material is used. The definition of used could differ but it is just definitely ...
David Espina's user avatar
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1 vote
Accepted

Do I have EVM Planned Value understood correctly?

Everything you wrote is correct. Your last bullet my read better as, "PV is the amount of cost accrued at a certain time on the project's timeline." In your example, your PV was distributed ...
David Espina's user avatar
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1 vote

Did I input the correct ACWP, BCWS and BCWP values? [EVMS]

Based on the Wikipedia page for BCWP, your BCWS number is probably wrong. Unless the project has reached its deadline date (100% of projected time used) the BCWS column would not be 100% of the ...
Danny Schoemann's user avatar
1 vote

CPI value at project closure

As @David Espina said, CPI is always derived from the same formula EV/AC. This is true whether the project is closed or not. What should the CPI be? What is your EV? What is your AC? The CPI is the ...
MCW's user avatar
  • 8,728
1 vote

Changing Actual Cost (AC) with Real Cost Field

Actual Cost (there is no "Real Cost" field in the english version of MS Project) is NOT the same as ACWP (Earned value "AC (CRTR)"). The difference is that "Actual Cost" is a single field and "ACWP" ...
Francisco Alcalá's user avatar
1 vote

EVM Exam Question

I won't provide you the answer but here is a clue: costs are cumulative when calculating earned value indices. This clue applies to both questions.
David Espina's user avatar
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1 vote

Earned value management with ressources of type "Cost"

The two variables you say you don't know are required to calculate PV, or BCWS, the cumulative sum of which is your BAC. Without this value, you cannot arrive at your EV, or BCWP. The question ...
David Espina's user avatar
  • 37.1k
1 vote

Earned value analysis by client and vendor

If the vendor is measuring perfomance of 'The' project then its the same calc who ever does it. If the vendor has an internal project to rent out their employees on a per diem basis then you can see ...
Ewan's user avatar
  • 926
1 vote

earned value and physical percent complete

I would map your physical % complete with the PV/BAC for any given period, and then when you complete a specific physical % of the work, you can claim the mapped PV/BAC as your earnings. This is a ...
David Espina's user avatar
  • 37.1k
1 vote

Why is MS Project 2016 Showing a $0 for BCWP on a completed task

My guess is that you didn't save a baseline before marking the tasks as 100% complete. Based on the definition of BCWP by Microsoft: How is BCWP Calculated? When a task is first created, the BCWP is ...
Danny Schoemann's user avatar
1 vote

Can EVM be Used to Track and Manage Quality?

I think this is an important issue; when project managers actively measure time and cost, but not quality, it is easy to guess which one suffers. The fact the project managers themselves are measured ...
Adrian's user avatar
  • 11
1 vote

How do you handle new tasks in an earned value analysis chart?

This is an X:Y problem. You don't have new tasks, you've got problems in scope planning and estimation/WBS development. 1) The work isn't scoped correctly - the WBS & WBSD should explicitly ...
MCW's user avatar
  • 8,728
1 vote

How do you handle new tasks in an earned value analysis chart?

Not entirely sure if this answers your issue. When I add items in my software projects, I add them into a separate level 1 roll up (Agilers might call it a "Backlog"). In this way, I can see the ...
ConstantlyConfused's user avatar

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