Join Bonnie Biafore for an in-depth discussion in this video Using earned value, part of Microsoft® Project 2010 Essential Training.
- Earned value analysis measures performance…based on how much of the project cost…you've earned by completing work.…Earned value converts cost and work progress…into dollars so you can compare cost…and schedule performance side by side.…You need a couple of things in order…to do earned value analysis.…The first one is a base line because you compare…the performance to the plan.…On the project tab I go to the schedule section…and click set base line.…
Then on the drop down menu I choose set base line.…Well I have a base line saved,…so I'm okay here.…I'm going to close this dialogue box.…The other thing you need is a status date…because earned value looks at the work…that's completed through the status date.…On the project tab in the status section…here I have my status date already set.…It's November 14th, 2015.…Well now we're ready to go,…so let's look at earned value.…
I'm going to apply the earned value table…to this view.…I right click the select all cells box…and then choose more tables.…In the more tables dialogue box…
- Setting up projects and calendars
- Creating tasks and milestones
- Linking and timing tasks
- Setting up and assigning resources
- Understanding duration, work, and units
- Filtering and grouping items with views
- Adding tasks to a baseline
- Updating progress and costs
- Viewing project status
- Running reports
- Importing and exporting projects
Skill Level Beginner
1. Working with Project
2. Setting Up Project Files
3. Creating Tasks
4. Linking and Timing tasks
5. Creating Resources
6. Assigning Tasks to Resources
7. Working with Views
8. Fine-Tuning the Project Schedule
9. Tracking and Managing a Project
10. Viewing and Reporting Project Information
11. Sharing Projects
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