What is the difference between "Tracking ( table ) -> Phys % Comp" and "Earned Value ( table ) -> E

[ks2008]

"Physical % Complete: Also referred to as Earned Value % Complete, "

Here is my question.

What is the difference between "Tracking ( table ) -> Phys % Comp" an
"Earned Value ( table ) -> Earned value (EV)" ? I was expecting, the
should have the same value, but they are not , Why ?

Thanks
K

 

[mukund.y]

"Physical % Complete:    Also referred to as Earned Value % Complete,"

Here is my question.

What is the difference between "Tracking ( table ) -> Phys % Comp"  and
"Earned Value ( table ) -> Earned value (EV)" ? I was expecting, they
should have the same  value, but they are not , Why ?

Thanks
KS

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physical % complete is the what we enters physicaly, need to enter for
summary task also.. but in easrned value % for summary tasks it
calculates automativalyy...

 

[JulieS]

Hello KS,

If you hover your mouse over the column heading for any field, you
can click on the hyperlink for help for that field. I have never
heard Physical % complete referred to as Earned Value % complete.
Earned value is by default calculated on the % Complete field. You
can base EV on Physical % complete, but it requires changing some
settings.

I hope this helps. Let us know how you get along.

Julie
Project MVP

Visit http://project.mvps.org/ for the FAQs and additional
information about Microsoft Project

 

[Andrew Lavinsky]

Think of EV as the dollar value of Physical % Complete:

EV = Phys % Complete X Baseline Cost

We use this so that we can roll up the tasks to a project level view of EV.
Otherwise we would have to weight all tasks equally, which is rarely the
case. To a certain extent, EV is the weighted rollup of Physical % Complete.
It's then translated into financial units to compare with the AC and PV
values.

If every task cost exactly $100 to implement, then your EV would equal Physical
% Complete.

-A


- Andrew Lavinsky
Blog: http://blogs.catapultsystems.com/epm