Help with regards to EVM

J

Jon

I am having issues with regards to the Earned value management within
Microsoft project 2003

Basically I have a list of tasks such as;

Predecessor
1 Power wash hull
2 Submit itp duration 0
3 Remove sea grating duration 5 2fs+20d
4 Conduct powerwash duration 15 3
5 Replace sea grating duration 6 4
6 Close of job duration 0 5

I would like to assign a total cost of $20,000 to the parent task (power
wash hull) instead of each individual line item as it is a fixed cost quoted
job.

What I am experiencing now is after the first week, the submit itp has been
completed yet project is stating that my BCWS is $12,000 however it should be
$0 as no physical work has commenced.

Basically I want to assign fixed costs to the parent level and calculate EVM
regardless of how many child tasks there are.

Is there a change of configuration for this method to be used? Or does MS
Project not support this method? If it does how would i go about doing it?

Cheers
Jon
 
J

Jim Aksel

Assigning resources to a summary level task is never a good thing, but it can
be done.
The problem will be with your %Complete which will march forward with time,
not work progress.

The best way to establish the baseline is to assign costed resources to each
task line (but not summary lines). If you want your data to calculate more
realistically, you will also want to conside using Physical%Complete as your
EV method. You will need to assign Physical%Complete to each task and
overall under Tools/Options/Calculation (tab) click the Earned Value button
and change to Physical%Complete. With costed resources against the
subodinate tasks, the Physical%Complete will now calculate in accordance with
the weighted BCWS. HTH
--
If this post was helpful, please consider rating it.

Jim
It's software; it's not allowed to win.

Visit http://project.mvps.org/ for FAQs and more information
about Microsoft Project
 
J

Jon

Thankyou for the answers guys,

1 thing i forgot to add in was
all our costs are fixed costs quotes and subcontracted out so we dont care
whether they use 1 resource or 100 resources to get the job done so we are
not tracking their resouces. hence there are no resources assigned to any
task lines

Cheers Jon
 

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