Dear All,
In Admin Preferences , Earned value tab , we have 3 methods to choose earned value
1) Budget value with Planned dates.
2) Budget values with Current dates.
3) At completion value with current dates.
I have a clear idea the use of the first two. But i want somebody to explain what is use of having " At completion values with current dates to compute Earned value management.
Pls help.
regards,
Haresh Jayanth - PMP
the key wording here is the 1st word Budget of the 1st 2 options the 3rd option is AT completion which could be more or less than the budget.
1) Budgeted value with planned dates
PV = budget value x time spread or budget value x cost spread
2) Budgeted value with current dates
PV = budget x current elapsed duration / total duration with expected completion
3) At completion value with current dates
PV = EAC x current elapsed dur / total dur with expected completion