Editing a task's earned value method

Earned value is a way to measure the performance of a task plan by using a series of calculations to compare actual and expected costs over the life of the project. All earned value calculations are measured by comparing the dates saved as part of the original baseline in the task plan to a specific date of your choosing, up to the current date. You can use two methods to calculate earned value: percent complete (the progress made against a task, expressed as a percentage) or physical percent complete (a manually entered value that is sometimes used as an alternative to budgeted cost of work scheduled, BCWS).

To edit the earned value method used for a task

  1. Open the Projects module.
  2. Select an item.
  3. Select the Task Plan tab.
  4. Select a task in the task plan.
  5. Open the Task Information dialog box.
  6. Select the Advanced tab.
  7. In the Earned Value Method drop-down, select % Complete or Physical % Complete.
  8. Click Close.