Hi there,
In one of my many projects, I have a Budgeted Expense Cost for a selected activity (let’s say $500K) but Budgeted At Completion column is still zero.
I have more than 15 projects with almost the same structure with expense cost which do not have this issue (Budgeted At Completion is not zero).
Any one knows a solution for this?
I have checked all project properties and all are the same.
Regards
Farzin
Hi Farzin,
The terminology "Budgeted at Completion" may be a little ambiguious but they maybe actually referring to "forecast Cost at Completion". You need to learned about the EVM - Earned Value Management and/or EVA process. To calculate your forecast cost at completion = (Budgeted - Earned to-date) / Actual to-date
Regards,
Daniel