MS Project not calculating earned value correctly
Hi,
I'm new to this forum, and this has probably been posted before but I cannot understand how MSP calculates BCWP (earned value).
I thought it was commonly understood that:
BCWP = Budgeted cost x % Complete
This calculation holds regardless of whether I complete the task well before the completion date or on the completion date. i.e. if I finish the task, I can claim all the BCWP.
However, in MSP, regardless of completing all % Complete fields (physical, % work complete, % complete) and having scheduled the project, there are fully complete activities where it is not reporting the full BCWP as it should i.e. that BCWP = 100% of budgeted cost.
Having delved on the web, the only suggestion I can find is that MSP thinks BCWP is somehow time based, so I won't see 100% of my BCWP until the baseline completion date. I am not confusing this with BCWS, which I do understand is time based.
Can anyone advise?
Thanks
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