After completing this how-to you will have learnt how to perform the Earned Value calculation (sometimes called Budgeted cost fo Work Performed or BCWP) for the project baseline plan. this step is only necessary if Earned Value Management is a requirement for the project.
Begin by accessing the Planning and Budgeting Dashboard.
- Choose the project for which the Snapshot will be performed in the "My Analyst Assigned Projects" dropdown
- Click on the tile labeled "Calculate BCWP"
The BCWP calculation application will be opened and most of the important information will be predefined, such as the planning version and the progress date.
- Check the progress date and change if necessary
- Check the Test Run indicator (on by default)
- Click on Go!
The results of the Earned Value Calculation are displayed, check the results.
- Click on Save and Exit
Snapshot the Approved Baseline version.