Steve
Thu May 11 17:52:33 CDT 2006
You can use earned value without using real costs if you assign a rate of $1
per hour as the resource rate. Go to the options menu and on the "view" tab
set it to not use a currency symbol. Now your earned value number will be
in work hours instead of dollars.
--
Steve House [Project MVP]
MS Project Trainer & Consultant
Visit
http://www.mvps.org/project/faqs.htm for the FAQs
"Carolina" <Carolina@discussions.microsoft.com> wrote in message
news:064C392C-40EA-4866-AE73-BDCA55605CE4@microsoft.com...
>I understand Claire question, I have the same problem I need to report to
>the
> Client the % planned progress versus actual progress %. I cannot informed
> the
> client the cost of the project!! but they request to have this
> comparation. I
> will tried to work it out with the Earned value.
>
> "Steve House [Project MVP]" wrote:
>
>> Project progress is driven by work being performed. Earned value uses
>> costs
>> of work as a standard unit to measure the work performed by a certain
>> date
>> compared to the work that should have been performed by that date. While
>> it
>> normally s as a unit of measure, there's actually nothing that says you
>> have
>> to do it that way. If dollars spent aren't an issue, just enter standard
>> and
>> OT rates of $1 for your resources and what you'll be seeing in the Earned
>> Value will really be man-hours. You can go to the Tools Options View
>> menu
>> and delete the "$" from the currency units field and the Earned Value
>> won't
>> print with dollar signs, making it clearer that it is man-hours. But as
>> an
>> aside, I can't imagine a scenario where resource costs aren't really an
>> issue. A PM is usually required to organize the project so it comes in
>> on-schedule and under-budget. Even if the budget is already been
>> determined
>> or you're not going outside the firm to acquire the resources, unless you
>> track resource costs you don't have a clue whether you under, over, or
>> on-track viz a viz your expenditures. Even internal employees have a
>> cost
>> since the fact that they are working on the project means they're not
>> doing
>> something else and the costs of their work represents a true incremental
>> cost to the company of doing this specific project. Even if the cash
>> flow
>> is the same regardless of whether you do this project or not, the lost
>> opportunity of not doing the alternate actviities the resources could
>> have
>> been doing is a cost.
>>
>> --
>> Steve House [MVP]
>> MS Project Trainer & Consultant
>> Visit
http://www.mvps.org/project/faqs.htm for the FAQs
>>
>>
>> "Claire Brereton" <ClaireBrereton@discussions.microsoft.com> wrote in
>> message news:0072E474-B6A9-498A-BE65-2BF90108D297@microsoft.com...
>> > Thankyou very much Gerard.
>> > I had started to look at these fields. I have not been putting costs
>> > against
>> > resources but it looks as though I will have to, then I can use the
>> > Earned
>> > Valued fields in the way you suggest. I also worked out that you have
>> > to
>> > put
>> > these resource costs in before you save the baseline, otherwise the
>> > values
>> > remain on zero.
>> >
>> > Thanks again, Claire
>> >
>> > "GÃf©rard Ducouret" wrote:
>> >
>> >> Hello Claire,
>> >> Display the Earned Value table : View / Table / More Tables...
>> >> and look at the definition of the BCWS, BCWP and ACWP fields.
>> >> NB : All these fields are calculated by Project with reference to the
>> >> Status
>> >> Date entered in Project / Project Information and to the Baseline :
>> >> Tools
>> >> /
>> >> Tracking / Save baseline
>> >>
>> >> GÃf©rard Ducouret
>> >>
>> >> "Claire Brereton" <Claire Brereton@discussions.microsoft.com> a
>> >> Ãf©crit
>> >> dans
>> >> le message de
>> >> news:1FA88543-A4A7-4B5C-BC85-3DCB883D3C36@microsoft.com...
>> >> > I am trying to report against my project.
>> >> > I can't find a way of showing the progress which SHOULD have been
>> >> > made
>> >> > according to the plan.
>> >> > I want to show, by project phase, % of activity which was planned to
>> >> > have
>> >> > completed and % of activity which has actually completed.
>> >> >
>> >> > Can anyone help ?
>> >>
>> >>
>> >>
>>
>>