When we use Earned Value Management technique, we focus on: Planned Value Cost (PV) = Budget At Completion * Schedule % Complete Earned Value Cost (EV) = Budget At Completion * Performance % Complete (usually equal to Activity % Complete) Schedule Variance (SV) = EV - PV SV > 0 : project is good, ahead of... Continue Reading →
How Baseline Dates are calculated in Primavera P6 for Earned Value Management
Primavera P6 give us an option to decide that Baseline date is equal to Planned date or Current date. The main purpose of this option is for Earned Value calculation. I'll explain that option in this article. We have a simple project containing 3 activities. Each activity is assigned resource A. We create a baseline called... Continue Reading →
How to use Earned Value Management in Primavera P6
Primavera provides a method named Earned Value Management technique to control project performance. This article addresses the concept of Earned Value Management and how it works in Primavera P6 by going through the example below. We have a simple project to finish casting 10 column. 1 column / day.100 $ / column Each activity is... Continue Reading →
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