EM5030 Class Project

1. Earned Value Measurement in
MS Project
Jeff Smoot
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2. EVM in MS Project
Earned Value Management (EVM): A
management methodology for integrating
scope, schedule, and resources, and for
objectively measuring project performance
(earned value) and comparing it to the actual
cost of work performed (actual cost)
– PMI PMBOK, 4th Edition, pg. 433
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3. EVM in MS Project
• How do we go from this….
Source: EMEN5030 10/24/05 Lecture, Bob Kois
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4. EVM in MS Project
• To this….
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5. EVM in MS Project
• Steps to view Earned Value in MS Project
– Set Baseline
– Set Status Date
– Preconfigured Tables
– Generate Earned Value Over Time Report
Assuming all work packages, resources, and resource usage has been input into MS Project
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6. Set Baseline
• MS Project uses the Baseline as the basis for the
Planned Value (PV) calculation
• In the Project View, Set a Baseline for the project.
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7. Set Baseline
• Planned Value (PV) for TrackMyFitness Project
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8. Set Status Date
• A snapshot in time of current project performance.
• In MS Project, set the status date to the desired date to
review project progress.
Due to nature of Earned Value Calculation, the status date will affect displayed data
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9. Preconfigured Tables
• MS Project has 3 preconfigured views for
reviewing Earned Value in table format.
– Earned Value
• PV (BCWS), EV (BCWP), AC (ACWP), SV, CV,
EAC, BAC, VAC
– Earned Value Cost Indicators
• CV%, CPI, TCIP
– Earned Value Schedule Indicators
• SV%, SPI
Each individual table can be further customized.
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10. Earned Value Table
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11. Generate EV Over Time Report
• MS Project has a preconfigured Earned Value Over Time Report.
• In the Project View, select Visual Reports, then Earned Value Over Time
Report from the pop-up
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12. Pivot Table
In addition to EV, PV, AC the pivot table allows you to view multiple other project metrics
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13. EV Over Time Report
An easy graphical summary of project status
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