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Advanced Earned Value Calculations Using MS Project

Dive deep into advanced Earned Value calculations in MS Project with Dr. Leigh Geiger. Learn to set up and manage project plans, baseline them, track progress, update plans, select Earned Value methods, and utilize EV views and reports effectively.

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Advanced Earned Value Calculations Using MS Project

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  1. Using MsProject for Earned Value Calculations Advanced MsProject Course Dr. Leigh Geiger

  2. Set Up Process • Create Project Plan • Baseline the Plan • Track progress/actuals & update the plan • Set the Status Date • Select the Earned Value method • Use MsProject EV Views & Reports

  3. Set Up Process • Create Project Plan • Baseline the Plan • Track progress/actuals & update the plan • Set the Status Date • Select the Earned Value method • Use MsProject EV Views & Reports

  4. Earned Value Methods • % Complete • Calculated for each task: [Act Dur/Dur]*100 • If you enter it directly -Project calculates Act. & Rem. Duration • Use if actual work is entered • Physical % Complete • Not calculated, must be entered directly • Use if Actuals aren’t accurate Possible to use up 90% of total task duration and still be only 10% Physical Complete, e.g., when most work is planned for the last minute.

  5. EV Terms in Project

  6. EV Views & Reports • Table Views • Earned Value • Earned Value Cost Indicators • Earned Value Schedule Indicators • Cost Reports • Earned Value • Visual Reports • EV Over Time

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