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Earned value cost & Actual cost not coming same??

3 replies [Last post]
Tue, 2010-04-06 06:31
John Paul Augustine
User offline. Last seen 14 years 14 weeks ago. Offline
Joined: 7 Mar 2010
Posts: 19
Groups: Civil Engineering
hi everybody,
In my program the earned value cost & actual cost not coming equal for some activities?
So in that case i have to uncheck the cost units linked option under resource tab in activity details and manually make budegeted cost & at completion cost equal.
Is there any default option available for solving this problem?
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Replies

Sun, 2022-01-16 07:58
#1
Mohammed Azharuddin
User offline. Last seen 1 year 34 weeks ago. Offline
Joined: 17 Aug 2015
Posts: 11
Groups: None

Solved !

Check out my article here

https://www.linkedin.com/pulse/how-make-actual-value-equals-earned-cost-units-p6-using-azharuddin/?trackingId=07FcDenXTRe8sZHPAkEaJg%3D%3D

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Thu, 2010-04-08 01:22
#2
John Paul Augustine
User offline. Last seen 14 years 14 weeks ago. Offline
Joined: 7 Mar 2010
Posts: 19
Groups: Civil Engineering
Thank you MR. Rodel...
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Tue, 2010-04-06 10:27
#3
Rodel Marasigan
User offline. Last seen 6 weeks 5 days ago. Offline
Joined: 25 Oct 2006
Posts: 1699
Groups: Petro-Chem / Oil & Gas
Hi John,
Earned Value and Actual Cost is totaly different. There are a lot of topics discussed regarding EV in this forum.

EV is also known (BCWP) Budgeted Cost for Work Performed while Actual Value is the physical value of the progress or (ACWP) Actual Cost of Work Performed. (Click link below as one of the discussion related to EV)
Schedule % Complete Post #17

If you need to reflect actual cost = earned value for other reason you need to set % Complete type = Labor Unit and Duration Type = Fixed Duration and Unit.
This setting will automate your actual unit = budget labor unit * % complete = Earned Value. Even the duration change it will retain the budget unit the same.
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