Forum


Topic: Earned value for Level Of Effort tasks

Earned value for Level Of Effort tasks #213

  • DaveH
  • offline
  • New Member
  • Joined On: 09-06-2017
  • Posts: 2
Hello How should we calculate the Earned value for Level of Effort (LOE) tasks ? Dave

Earned value for Level Of Effort tasks #232

  • Matthew.P
  • offline
  • New Member
  • Joined On: 10-06-2017
  • Posts: 9
Level of Effort by definition do not accrue progress. For LoE, the EV always equals the PV (or BCWS in old money). The only question is at what point they start to accrue EV. Strictly speaking it will be according to the baseline, i.e. as soon as the baseline says we start accruing PV, then we would accrue EV at exactly same rate (and value). However the task may not yet have started, therefore a positive cost variance will occur. No schedule variance, ever.

Earned value for Level Of Effort tasks #217

  • James T
  • offline
  • New Member
  • Joined On: 09-06-2017
  • Posts: 9
Hello Dave Level of Efforts is an activity that does not produce definitive end products and is measured by the passage of time. Level of efforts includes project management activities which mainly involve those kinds of activities which are needed to support the discrete and associated apportioned activities. The duration of these activities depends on the duration of the discrete and apportioned activities to which LoE supports. The overall efforts involved in level of efforts depend on discrete and apportioned efforts to which level of effort supports. You can use following two methods to calculate the Earned value for Level of Effort (LOE) tasks : 1. BCWP equals BCWS every performance reporting period. 2. BCWP equals the actual cost of work performed (ACWP) every performance reporting period. We need to be careful for the earn value of the Level of Efforts, if these activities are planned, but not executed with resources and their involvement is the basis of cost estimates, this may result misleading cost variants. James
Time to create page: 0.025 seconds

Australian Open Learning Pty Ltd t/a Project Controls Institute, Australia | RTO CODE :45806