Hi All,
There is earned value adjustment shall be done in case Of Finishin the activity less than BAC.
let me clarify:
Act A1000 BAC =1,000,000 U.S.D ACT ST 01-DEC-15 ACT FS 30-DEC-15 Finished at 500,000 U.S.D
Options:
1- updae 100% and actual dates -impact showing EV=1,000,000 INSTEAD OF 500,000
2- Update 50% ,actual start and ETC=0 - Impact Showing the activity in progress ehile in reality it has been finished
3- Update 100% with actual dates and add new activity with -500,000 to B.L then update -Impact BAC will change from 1,000,000 to 500,000 which not correct
Im convenced with option 1 while my superior convenced with option 3 and im trying to convence
Please advice about the propper one and if there is any other option?
Thanks
Option 1 is clearly the "correct" answer, unless budgetting errors are being corrected, in which case the organisations procedurs should state how to proceed.