Primavera Project Planner - P3 Member for 18 years Member for 18 years Submitted by Sum Lap Key on Sun, 2007-11-18 00:38 Permalink RE: Enquiry about denfinition of Budget, planned, earned Thank you very much Johnny Kesserwany, Raviraj Bhedase and Tom Nug for giving the answers to my question. Member for 17 years 11 months Member for 17 years 11 months Submitted by Tommy Nug on Sat, 2007-11-17 23:22 Permalink RE: Enquiry about denfinition of Budget, planned, earned Yes, We also calculate percent complete of overal project: %complete (actual)=BCWP/BAC %complete (plan)=BCWS/BAC Member for 18 years 5 months Member for 18 years 5 months Submitted by A D on Sat, 2007-11-17 15:51 Permalink RE: Enquiry about denfinition of Budget, planned, earned Budget amount Planned Value Earned Value Actual Value There r three things: Planned Value: Budgeted Cost of work Scheduled (BCWS) Earned Value: Budgeted Cost of Work Performed (BCWP) Actual Cost: Actual Cost of Work Performed (ACWP) From these three values, u can hav SPI and CPI (Schedule Performance Index and Cost Performance Index) SPI = EV / PV CPI = EV / AC For more details, apart from Paul Harris paper, u may also refer to PMBOK. Cheers, Rav Member for 18 years 1 month Member for 18 years 1 month Submitted by Johny Kesserwany on Sat, 2007-11-17 15:42 Permalink RE: Enquiry about denfinition of Budget, planned, earned Go to the the technical paper of Mr. Paul Harris, youll have all what do you need and more... http://www.eh.com.au/Technical%20Papers/020820%20EVPM%20Presentation%20… JK Log in or register to post comments
Member for 18 years Member for 18 years Submitted by Sum Lap Key on Sun, 2007-11-18 00:38 Permalink RE: Enquiry about denfinition of Budget, planned, earned Thank you very much Johnny Kesserwany, Raviraj Bhedase and Tom Nug for giving the answers to my question.
Member for 17 years 11 months Member for 17 years 11 months Submitted by Tommy Nug on Sat, 2007-11-17 23:22 Permalink RE: Enquiry about denfinition of Budget, planned, earned Yes, We also calculate percent complete of overal project: %complete (actual)=BCWP/BAC %complete (plan)=BCWS/BAC
Member for 18 years 5 months Member for 18 years 5 months Submitted by A D on Sat, 2007-11-17 15:51 Permalink RE: Enquiry about denfinition of Budget, planned, earned Budget amount Planned Value Earned Value Actual Value There r three things: Planned Value: Budgeted Cost of work Scheduled (BCWS) Earned Value: Budgeted Cost of Work Performed (BCWP) Actual Cost: Actual Cost of Work Performed (ACWP) From these three values, u can hav SPI and CPI (Schedule Performance Index and Cost Performance Index) SPI = EV / PV CPI = EV / AC For more details, apart from Paul Harris paper, u may also refer to PMBOK. Cheers, Rav
Member for 18 years 1 month Member for 18 years 1 month Submitted by Johny Kesserwany on Sat, 2007-11-17 15:42 Permalink RE: Enquiry about denfinition of Budget, planned, earned Go to the the technical paper of Mr. Paul Harris, youll have all what do you need and more... http://www.eh.com.au/Technical%20Papers/020820%20EVPM%20Presentation%20… JK
Member for
18 yearsRE: Enquiry about denfinition of Budget, planned, earned
Thank you very much Johnny Kesserwany, Raviraj Bhedase and Tom Nug for giving the answers to my question.
Member for
17 years 11 monthsRE: Enquiry about denfinition of Budget, planned, earned
Yes,
We also calculate percent complete of overal project:
%complete (actual)=BCWP/BAC
%complete (plan)=BCWS/BAC
Member for
18 years 5 monthsRE: Enquiry about denfinition of Budget, planned, earned
Budget amount
Planned Value
Earned Value
Actual Value
There r three things:
Planned Value: Budgeted Cost of work Scheduled (BCWS)
Earned Value: Budgeted Cost of Work Performed (BCWP)
Actual Cost: Actual Cost of Work Performed (ACWP)
From these three values, u can hav SPI and CPI (Schedule Performance Index and Cost Performance Index)
SPI = EV / PV
CPI = EV / AC
For more details, apart from Paul Harris paper, u may also refer to PMBOK.
Cheers,
Rav
Member for
18 years 1 monthRE: Enquiry about denfinition of Budget, planned, earned
Go to the the technical paper of Mr. Paul Harris, youll have all what do you need and more...
http://www.eh.com.au/Technical%20Papers/020820%20EVPM%20Presentation%20…
JK