Forum Discussion

Copper Contributor

Dec 25, 2021

EVM with project- taking into account "cost" resource

I need the forum help. what is the best way to take "cost" resource into the EVM calculation? Once allocating cost to an activity, it does take it into the BCWS- the total cost of the activity. Ye...

John-project

Silver Contributor

Nov 10, 2024

AviShenkar,

Consider this, the basic concept of earned value is to, well, earn value. Material and cost resources do not earn value, only work resources can "earn" value. Perhaps that is why the Project developers elected to not include cost and material resources in earned values metrics.

John

AviShenkar
Copper Contributor
Nov 11, 2024
Tnx John as to this interesting POV. Yet, I think the EV regards a certain activity or a summary task. The evaluation of the EV takes into consideration also materials and money that are introduced into this effort, so why it shouldn't be considered here as well?
- John-project
  Silver Contributor
  Nov 11, 2024
  AviShenkar,
  Sorry but I don't understand what you are saying. I'm simply offering a potential reason why Project's earned value metrics do not encompass the full scope of cost (e.g. real but non-earned). I suggest you submit a request through the Project portal at:
  https://feedbackportal.microsoft.com/feedback/forum/40792262-301c-ec11-b6e7-0022481f8472
  John