If your organization uses earned value management methodology for measuring project performance, you can use the fields in the Earned Value section of the Project: Properties: Main - Schedule page to set the default earned value calculation method. By default, the earned value calculation method is percent complete. Use this page to also associate your project to an earned value reporting period.
The earned value reporting period defines the frequency and the interval for the Update Earned Value History job to take historical earned value snapshots of performance and save snapshot in the earned value history table. When using earned value methodologies to analyze project performance, the earned value reporting period is used by the job to take the snapshot and is saved based on a project's association to the period. The project manager associates the project to the appropriate period.
Note: See the Administration Guide for more information.
To set the project's earned value options
The Project: Properties: Main - General page appears.
The Project: Properties: Main - Schedule page appears.
Defines this project's assigned reporting period. Set the period if your organization uses earned value methodology for measuring project performance. Once the Update Earned Value History job runs, this field is locked.
Default: Unlocked
Best Practice: If your project has tasks that are linked to a work package, associate the same earned value reporting period to this project as the one that is associated to the contract.
Note: See the Earned Value Manager Product Guide for more information.
Defines the default earned value calculation method used when calculating earned value (EV).
Options: Percent Complete, 0/100, 50/50, Level of Effort, Weighted Milestones, Milestone Percent Complete (PC), and Apportioned Effort (AE)
Defines the Budgeted Cost of Work Performed (BCWP). This value overrides the system-calculated BCWP and is used for all earned value (EV) metrics that are based on BCWP.
Best Practices: If your company does not use CA Clarity PPM to calculate EV but uses an external system, manually enter a value in this field. If you do not enter a value in this field, then the system-calculated value for BCWP is used in all EV calculations.
Displays the system-calculated value of Budgeted Cost of Work Performed (BCWP). This value is calculated and recorded when you baseline your project or when you update earned value totals and is based on the cost and rate matrices associated at the project level. BCWP is also referred to as the earned value (EV).
Calculations are made based on the level at which the calculation is being made. BCWP is calculated at the following levels:
Read-only. Displays the date the earned value was last updated, by either manually updating the earned value or by running the Update Earned Value Totals job.
The project's default earned value settings are defined.
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