One time cost and Total cost - help
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Thanks steven,
If our purpose was simply to calculate the actual cost incurred so far then it is surely sum total of all the costs incurred whether it is one time, fixed,committed etc.
But to use EV and CPI as project analyzing tools, which should the correct method to calculate Actual cost of work performed?
My logical thinking tells me it is the second method.
Manu.
Your Actual Cost, is your Actual Cost. i.e what it has cost you to accomplish the work you have done so far. Your one off cost should be taken into account in both this and your BCWS.
(IMHO) Leave the bean counting to the bean counters, concentrate on what Planners should be good at. Influencing the future.