Fixed Costs % Complete

[Caz]

Hi
Can anyone one help me. I have recently started with a new project company
using MS Project 2002. They currently use the fixed cost field to track
costs. All work is subcontracted out and there is only a summary fixed cost
associated with each work package.

The work packages are broken down to task level in the schedule so the
project manager can track progress against the tasks. At the moment these
task costs are "guesstimated" out of the total fixed cost. This enables the
tasks to be rolled up to summary level with a percentage complete. (However
this is very time consuming and not very accurate). The standard resource
field is not used - a customized text field is used to identify the
subcontractors. All time is shown as duration and not work.

The problem - we wish to report EV. What we need is to be able to track %
complete against the total fixed cost. We dont wish to break the costs down
over the individual tasks as this at the moment is really only a guess anyway.
Is there any way of customizing cost fields to enable us to report %
complete against total fixed cost.
Any suggestions of a better way to handle this would be greatly appreciated.

 

[Dianne]

Trevor,
I have a related problem. I am using MSP 2007 with only fixed costs for
our construction projects (I have only budgeted costs with no resource
information). Hence, I have assigned no work or resources to my
tasks--skipped the resource loading.
However, when I try to run a EV visual report---I get a bad graph. I can get
EV data in the EV Cost Table--but not a visual report graph. I've learned
that graphing is possible in MSP 2003, but not in MSP 2007. I had a
consultant look at my file and try to do the graph--however, he could not
either. Is this a bug in MSP 2007? Do you know of anyone else who has
skipped the resource loading and used only fixed costs--that was able to get
a logic graph (or not)? please advise