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EARNED VALUE COST DIFFERS

11 replies [Last post]
Haneef Syed
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Why the earned value cost differs, in P6, In an updated  programme when it is assigned with an original Baseline programme and when no base line (Except current project) programme is attached?

Please clarify, why Earned Value cost changes this case?

Replies

Haneef Syed
User offline. Last seen 10 years 14 weeks ago. Offline
Joined: 5 Mar 2008
Posts: 12
Groups: GPC Qatar

Problem was found out

This problem has occured due to the wrong setting in Activity Expenses,  ACCRUAL TYPE is taken as 'Start of Activity' instead of 'Uniform over the Activity'.

Haneef Syed
User offline. Last seen 10 years 14 weeks ago. Offline
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Groups: GPC Qatar

Yes Physical % complete and Activity % Complete is same 40%, even Performance % complete 40%.

This particular activity has started out of sequence.

Zoltan Palffy
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does your physical % complete match the activity % complete ?

Haneef Syed
User offline. Last seen 10 years 14 weeks ago. Offline
Joined: 5 Mar 2008
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Groups: GPC Qatar

Mr. Zoltan,

My settings are as below

I am usiing Activity % Complete for computing Performance % complete

 

For Earned value calculations I am using Budgetted values with current dates

Technique for computing Estmate to complete (ETC)

Using Remaining cost for activity 

Haneef Syed
User offline. Last seen 10 years 14 weeks ago. Offline
Joined: 5 Mar 2008
Posts: 12
Groups: GPC Qatar

I am usiing Activity % Complete   for computing Performance % complete

 

For Earned value calculations  I am using  Budgetted values with current dates

Technique for computing Estmate to complete (ETC)

Using  Remaining cost for activity

Zoltan Palffy
User offline. Last seen 1 week 1 day ago. Offline
Joined: 13 Jul 2009
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in your admin preferences what under the Earned Value Tab what setting are you using under Technique for computing performance percent complete ? is it Activity % Complete ?

also in this same tab what settings are you using for Technique for Computing Estimate to Complete (EAC) ?

also what setting are you using under the Earned Value Calculation setting ? is it Budgeted value with current dates ?

 

Haneef Syed
User offline. Last seen 10 years 14 weeks ago. Offline
Joined: 5 Mar 2008
Posts: 12
Groups: GPC Qatar

My settings

1.When calculating Earned value from a baseline use>

Budgeted vaues with current dates.

Technique for computing performance % complete  is Activite % complete

 

2. Performance % and Activity % complete matches 

 

3. Same Budgets matches in baseline and current activity.

 

Please see the attachement if possible

2397
with_baseline.jpg

Haneef Syed
User offline. Last seen 10 years 14 weeks ago. Offline
Joined: 5 Mar 2008
Posts: 12
Groups: GPC Qatar

My settings

1.When calculating Earned value from a baseline use>

Budgeted vaues with current dates.

Technique for computing performance % complete  is Activite % complete

 

2. Performance % and Activity % complete matches 

 

3. Same Budgets matches in baseline and current activity.

 

Please see the attachement if possible

2397
with_baseline.jpg

Gary Whitehead
User offline. Last seen 5 years 52 weeks ago. Offline

I can't make any of the details out on you screenshot, but possible explanations are:

 

1) Wrong Earned Value settings (Admin menu > Admin settings > Earned Value. What are your current settings for "technique for computing performance % complete" and "When calculating Earned Value from a Baseline"?

2) Wrong % complete. insert the column "performance % complete" -does this match the "activity % complete"?

3) Budget has changed since baseline was taken. Insert the column "Budget at completion" -does it match the current budget of the activity?

Haneef Syed
User offline. Last seen 10 years 14 weeks ago. Offline
Joined: 5 Mar 2008
Posts: 12
Groups: GPC Qatar

Mr. Gary,

Thanks for your response. But as per the formula, when activity is in progress and percent complete is 40, why the earned value cost showing 100% of the activity ?

Please find attached a screen shot of P6 for the above case.  Please see the highlighted activity.

2395
withbaseline.jpg

Gary Whitehead
User offline. Last seen 5 years 52 weeks ago. Offline

Earned Value = %complete x Budget at Completion

 

Budget at Completion comes from the baseline.

 

If you change the baseline, you change the BAC. If you change the BAC, you change the EV.