Earned Value and Actual Cost is totaly different. There are a lot of topics discussed regarding EV in this forum.
EV is also known (BCWP) Budgeted Cost for Work Performed while Actual Value is the physical value of the progress or (ACWP) Actual Cost of Work Performed. (Click link below as one of the discussion related to EV)
If you need to reflect actual cost = earned value for other reason you need to set % Complete type = Labor Unit and Duration Type = Fixed Duration and Unit.
This setting will automate your actual unit = budget labor unit * % complete = Earned Value. Even the duration change it will retain the budget unit the same.
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10 years 2 monthsSolved !Check out my article
Solved !
Check out my article here
https://www.linkedin.com/pulse/how-make-actual-value-equals-earned-cost…
Member for
15 years 8 monthsRE: Earned value cost & Actual cost not coming same??
Thank you MR. Rodel...
Member for
19 yearsRE: Earned value cost & Actual cost not coming same??
Hi John,
Earned Value and Actual Cost is totaly different. There are a lot of topics discussed regarding EV in this forum.
EV is also known (BCWP) Budgeted Cost for Work Performed while Actual Value is the physical value of the progress or (ACWP) Actual Cost of Work Performed. (Click link below as one of the discussion related to EV)
Schedule % Complete Post #17
If you need to reflect actual cost = earned value for other reason you need to set % Complete type = Labor Unit and Duration Type = Fixed Duration and Unit.
This setting will automate your actual unit = budget labor unit * % complete = Earned Value. Even the duration change it will retain the budget unit the same.