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.
Member for
22 years 11 months
Member for23 years
Submitted by Steven Oliver on Tue, 2005-12-20 04:17
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.
Member for
20 yearsRE: One time cost and Total cost - help
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.
Member for
22 years 11 monthsRE: One time cost and Total cost - help
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.