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Earned Value in Ms Proj 2007 Std RRS feed

  • Question

  • Hi MSP Community

    Is there any settings in 2007  that will enable calculation of  EV from baselined work hours rather than costs. I have tried most combinations of settings in Tool/Options/Calculation without success.  Our client wants EV  but we do not wish to share our costs. I know the EV calculations are predicated on the cost fields, however in Primavera you can calculate EV from baselined work, without costs being allocated to resource . I could include an $1 per hour or day and get the results from inserting EV fields such as CPI and SPI fields into the views. However this does not appeal.

    Any comments/advice appreciated.

    Thanks........Pratta                                                                                              


    Pratta
    Tuesday, May 10, 2011 7:34 AM

Answers

All replies

  • Hi Pratta,

    I am afraid, but to my knowledge its not possible in Ms Project. To calculate the Earned Value using Ms Project, all the following activities must be performed in your project plan.

    • Resources assigned to tasks
    • Resources should have Rate information
    • Summary tasks should not have resources assigned
    • Saved Baseline
    • Updated project progress

    Lets see if someone else know the way of doing so without defining cost.

    Hope this helps.

     


    | Khurram Jamshed | Follow my blog about Enterprise Project Management Solution | http://khurramjamshed.blogspot.com |
    Tuesday, May 10, 2011 10:10 AM
  • Hello Pratta,

    No, sorry.  The earned value calculations in Project are based upon money -- as is the standard EV calculation.  As you note, using $1 per hour per resource will get you a bit closer to using work.

    You can use some custom fields to calculate earned value.  However, you will be unable to calculate time-phased earned value, so before spending too much time working through that, I'd check the client requirements to see if they are looking for the EV data over time.

    I hope this helps.

    Julie

    Tuesday, May 10, 2011 11:17 AM
  • Just to chime in....you could use a custom formula to perform EV calculations
    by work...then take a snapshot of the value each week.  It's not perfect,
    but gets you part of the way there:
     
    [% Work Complete] X [Baseline Work]
     
     
     

    Andrew Lavinsky [MVP] Blog: http://azlav.umtblog.com Twitter: @alavinsky
    Tuesday, May 10, 2011 3:03 PM