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Hi Guys,
I prepare a recovery plan from last updated program, i was monitoring the progress based on total Budgeted Cost and all activities were Phisical % type. My project was in delay due to our mistake so i adjust the remaining duration by increasing the productivity and changing some logic. Now i want to use this as a new baseline so which values i have to use. Remaining total Cost or Budgeted total Cost as Planned Value?
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I would recommend using as planned value, as if you are mitigating by using additional resources, which I assume is how you have adjusted your productivity, or longer working hours per period etc, your at complete cost will go up, so you need to compensate somehow.
50% of $100 is $50 so 50%, but 50% of your now $120 is not $50 anymore, if that makes sense.
Dear Sir...
Kindly tell me how to calcaulte the planned % and actual % and time elapsed of project. with example...
I am waitng your positive response ..
With Regards
Nadeem
Email: PPadmin@planningplanet.com
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