Thanks, James.
I figured out that the only way to do it properly is to use the original revision as the baseline.
i.e. BAC and PV will come from the original revision.
the above formula can also be expressed as below:
PV= PV of previous plan
EV= (AC)/(BAC of current new plan) * (PV according to previous plan)
AC = actual cost todate.
Hi All,
I am trying to come up with a way to calculate EV under a specific situation where we have a project management system which allows different version of project plan, the way it works is described below:
PMs starts with a initial project plan, cost are allocated to different tasks...
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