Reply: Earned Value vs. Actual Costs

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Message	Write Preview [quote="ZIA KHAN" post=31835][b][b]Hi, Guys, very helpful discussion and I have the same doubt .. Khurram I have issued a contract with milestone based payment e,g, Foundation $1000 Basement Roof $5000 1st Floor Roof $5000 in the above case My AC & EV is same Will Pay him only once the Milestone is achieved Time may vary, means there may Schedule Variance , but not cost , unless I intend to make changes Pls advise on above example[/quote]

Topic History of : Earned Value vs. Actual Costs

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3 months 2 weeks ago #31835
ZIA KHAN	Hi, Guys, very helpful discussion and I have the same doubt .. Khurram I have issued a contract with milestone based payment e,g, Foundation $1000 Basement Roof $5000 1st Floor Roof $5000 in the above case My AC & EV is same Will Pay him only once the Milestone is achieved Time may vary, means there may Schedule Variance , but not cost , unless I intend to make changes Pls advise on above example

3 months 2 weeks ago #31835

ZIA KHAN

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Hi, Guys, very helpful discussion and I have the same doubt ..
Khurram I have issued a contract with milestone based payment e,g,
Foundation $1000
Basement Roof $5000
1st Floor Roof $5000
in the above case My AC & EV is same
Will Pay him only once the Milestone is achieved
Time may vary, means there may Schedule Variance , but not cost , unless I intend to make changes
Pls advise on above example

2 years 1 month ago #30241
Anonymous	Dear project-management-prepcast.com admin, Thanks for the well-organized post!

2 years 1 month ago #30241

Anonymous

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Dear project-management-prepcast.com admin, Thanks for the well-organized post!

2 years 9 months ago #29509
Alonso Mena	Could you explain why in MsProject, EV is equal to AC and you can not modify the AC?

2 years 9 months ago #29509

Alonso Mena

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Could you explain why in MsProject, EV is equal to AC and you can not modify the AC?

5 years 1 week ago #20432
Anonymous	This helped out a lot thank you!

5 years 1 week ago #20432

Anonymous

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This helped out a lot thank you!

5 years 1 month ago #20067
Chetan	the way you clarified that the EV is the value earned in the project and cost we put to earn it is the actual cost... clarified it all. thanks

5 years 1 month ago #20067

Chetan

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the way you clarified that the EV is the value earned in the project and cost we put to earn it is the actual cost... clarified it all.

thanks

5 years 1 month ago #19796
Anonymous	if earned value is greater than planned value cost so in this case , is there a concern ?

5 years 1 month ago #19796

Anonymous

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if earned value is greater than planned value cost so in this case , is there a concern ?

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Earned Value vs. Actual Costs