J
Joe
I am struggling with this earned value concept, and was hoping someone could
explain it.
Lets assume I have a project plan with the rate set at $1.00 per hour for
every resource in the plan. The plan only has people resources and all have
the same rate ($1.00).
To me, this would mean that every hour earned would cost the same, no mater
who does it. Hence I assume that Earned Value (EV) will ALWAYS equal Actual
Cost (AC). One hour earned cost one dollar. While in theory this seems to
make sense, at the same time it doesn’t make sense because that would imply
that the CPI and SPI would always be equal, and I know that is not the case
in my project plan. What am I missing here?
explain it.
Lets assume I have a project plan with the rate set at $1.00 per hour for
every resource in the plan. The plan only has people resources and all have
the same rate ($1.00).
To me, this would mean that every hour earned would cost the same, no mater
who does it. Hence I assume that Earned Value (EV) will ALWAYS equal Actual
Cost (AC). One hour earned cost one dollar. While in theory this seems to
make sense, at the same time it doesn’t make sense because that would imply
that the CPI and SPI would always be equal, and I know that is not the case
in my project plan. What am I missing here?