Earned Value Method (task field)

Data Type    Enumerated

Entry Type    Entered

Description    The Earned Value Method field provides choices for whether the % Complete or Physical % Complete field is to be used to calculate budgeted cost of work performed (BCWP).

Best Uses    Add the Earned Value Method field to a task view when you need to change the basis of earned value for a set of tasks. If a task's earned value should be based on real accomplished work rather than the effort in terms of percent complete, set this field to Physical % Complete.

Example    Most of the tasks in your project use % Complete as the earned value method for calculating BCWP. There are about ten tasks, however, that must use Physical % Complete as the earned value method. You add the Earned Value Method field to the Gantt Chart, and then change the method for those tasks to Physical % Complete.

Remarks     The default setting for the Earned Value Method field is % Complete.

Budgeted cost of work scheduled (BCWS) is not affected by the setting in the Earned Value Method field because it is calculated using the status date and baseline cost values.

You can also set the earned value method for a task in the Task Information dialog box.

You can set the default earned value method for all new tasks in the Project Options dialog box. You can also use this dialog box to choose which of the 11 available baselines should be used for earned value calculations.