Feature:  Earned Value

Earned Value Management (EVM) is a project management system that combines schedule and cost performance to answer the question, “What did we get for the money we spent?”

KIDASA has combined Milestones Professional's powerful presentation capability with the flexibility of EVM to produce an earned value reporting tool that simplifies and clarifies the project management process. 

 
 
 
 
Choose from 15 Earned Value SmartColumns that are pre-programmed with a range of EVM calculations.

To use any of the Earned Value SmartColumns, all you need to do is to enter (or import from another product such as MS Project), your Budget at Completion (BAC) and Actual Cost (AC) , % complete and then start tracking your tasks. As you change the Percent Complete and update your Actuals, all the Earned Value fields such as Earned Value (EV or BCWP), Planned Value (PV or BCWS), etc. get updated automatically.

To get started Choose the Insert tabIn the Rows, Columns section choose New Column. From the list choose Earned Value.... Choose as many EV metrics as you need!

          
 
Learn more about Milestones Professional's Automatically Calculated Columns.

 


Earned Value Reports:
 
With your Budget at Completion (BAC) and Actual Cost (AC) present in your schedule you can have Milestones Professional  generate a variety of Earned Values Reports.
You can generate these reports by choosing the Tools tab. Under the Reports section choose Earned Value and select from the list of reports
  • Estimate at Completion

  • Estimate at Completion (from MS Project File...)

  • CPI Report

  • CPI with TCPI Report...

  • SPI Report...

  • Actual Cost/Planned Value/Earned Value Report

View Reports.


Other Earned Value links:
 
  Earned Value Buzzwords
  What is Earned Value?
  Successfully Presenting Earned Value e-book
  Earned Value Examples