Earned Value Management

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ProjectManager76
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Earned Value Management

Postby ProjectManager76 » Tue 23 May 2017 6:06 pm

Hi there,

I am trying to wrap my head around using Earned Value Management in practice but I don't know how to calculate Planned Value for activities that cost nothing to the project.

Example :
High level milestones for a Data centre project to install some new servers into an existing cluster.

Milestone - - - - - - - - - - -- - - - -- - - - Budget cost (£) - - - - -- - - -- - Complete by
Hardware purchased - - - -- - - - -- - - - -- -- 100000 -- - - -- - - - -- - - - -- - - -- - January
Hardware delivered on site - - -- - -- - - - - - --0 - - - -- - - -- - - -- - - - -- - -- - - - February
Hardware installed - - -- - - -- - - -- - - - -- - --10000 - - -- - - -- - --- - - -- - - - -- - -March
Hardware Configured(Networks) - - -- - - -- - -5000 - - -- - - -- - --- - - -- - - - -April
Software Configured(Operating system) - - -- -5000 - - -- - - -- - --- - - -- - - - -April
Software Configure (Virtual machines) - - -- - -5000 - - -- - - -- - --- - - -- - - - -April
Added to cluster (BAU support team) - - -- - -- 0 - - -- - - -- - --- - - -- - - - -May

The Budget At Completion (BAC) for this project would be: £125,000 andPlanned Value = (Planned % Complete) X (BAC)

How do I accommodate activities like "Hardware delivered on site" which take time but cost the project no money?

I tried just making up a percentage i.e. "Hardware delivered on site" = 5% of total work but if im just making up numbers I dont much see the point...

Any advice?


*edited to format the table into something more readable!

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