A) Use the BOQ Selling cost-loaded schedule for reporting purposes to Client/Engineer. On this schedule, you can show periodic schedule variance analysis reports, e.g, Planned Value (BCWS) vs. Earned Value (BCWP). If you find it hard doing in P3/P6, you can extract P3/P6 values and do the exercise in Excel (Again!).
BCWS = BAC x Planned % C
BCWP = BAC x Actual % C
BAC = You can use your Contract BOQ as your BAC
SV = BCWP (EV) - BCWS (PV)
B)Copy the schedule in (A) and load periodic actual cost. You can now complete your variance analysis for your internal reporting requirements.
Add to the above:
CV = BCWP (EV) - Actual Cost
Hope this helps.
R. Catalan
Member for
17 years 3 months
Member for17 years3 months
Submitted by Samer Zawaydeh on Sat, 2009-02-07 15:05
Member for
20 years 2 monthsRE: incomes Vs cost for the BoQ items
Mario,
A) Use the BOQ Selling cost-loaded schedule for reporting purposes to Client/Engineer. On this schedule, you can show periodic schedule variance analysis reports, e.g, Planned Value (BCWS) vs. Earned Value (BCWP). If you find it hard doing in P3/P6, you can extract P3/P6 values and do the exercise in Excel (Again!).
BCWS = BAC x Planned % C
BCWP = BAC x Actual % C
BAC = You can use your Contract BOQ as your BAC
SV = BCWP (EV) - BCWS (PV)
B)Copy the schedule in (A) and load periodic actual cost. You can now complete your variance analysis for your internal reporting requirements.
Add to the above:
CV = BCWP (EV) - Actual Cost
Hope this helps.
R. Catalan
Member for
17 years 3 monthsRE: incomes Vs cost for the BoQ items
Hi,
Your are talking about the Cost that is related to the Resources; Raw Material, Manpower and Equipment.
Each resource can have an associated cost with it. You can manage your cost accordingly.
Best Regards,
Samer
Member for
19 years 1 monthRE: incomes Vs cost for the BoQ items
Selling Cost vs. Actual Cost? I may suggest not to show it.