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Old 10-05-2014, 08:00 PM
shane_dav71 shane_dav71 is offline Microsoft Project  Managing Planned / Earned Value & Actual Costs Windows 8 Microsoft Project  Managing Planned / Earned Value & Actual Costs Office 2013
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Microsoft Project  Managing Planned / Earned Value & Actual Costs
 
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Default Microsoft Project Managing Planned / Earned Value & Actual Costs


Hi,

I am new to this forum and would consider myself an intermediate user of Microsoft project in the past for setting up project schedules etc.

I am have set-up a detailed project for a future project I am to manage. In this program there are approximately 800 line items; a tree structure has been set-up with parent / children / grand children tasks on many levels (the .mpp file has been attached to this forum as a .zip file for reference).

I want to further develop my skills to set-up within the program baseline costs for the project - where I allocate allowed costs from our budget to some of the parent / child / grand child tasks so that initially the overall budget is stored within the program and upon which planned spend over the duration of the project can be determined (by use of graphs / charts / summed values etc).

I then want to manage the costs as the project progresses, including earned value costs and actual costs against planned costs.

The trouble I am having as a newbie to this analysis is finding relevant "dumbed down" information on the internet to complete such activities. There is information out there, and Microsoft Project itself seems to be capable of an infinite number of reports if you know how to enter data etc. Even starting by adding costs, there are a truckload of options for allocating a cost. I can't seem to find any dumbed down tutorials on the internet either.

Does anyone have any advice, suggested links, tutorials etc that could be of use?

Thanks in advance.

Shane
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Old 10-06-2014, 06:07 PM
JulieS JulieS is offline Microsoft Project  Managing Planned / Earned Value & Actual Costs Windows 7 64bit Microsoft Project  Managing Planned / Earned Value & Actual Costs Office 2013
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Project can calculate Earned Value data as long as:

Costed resources (work resources with costs) assigned to tasks.
An accurate baseline saved
Status date set accurately
Tracking data applied to the project.

Project calculates earned value based upon percent complete.

Earned value data (BWCP, BCWS, ACWP, CPI, SPI etc) is available in tables (Earned Value, Earned Value Cost Indicators, Earned Value Schedule Indicators), in earned value visual reports.

I hope this helps.
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