Hi all,
I have an updated schedule(p6 ver7) with the baseline assigned as "Project Baseline". I am using physical percentage and Fixed dur & units. In my schedule there is a problem with the rem cost calculation.
For eg: the project budget is 10000. At the present update period, earned value cost is 4000 and performance % is 40%. Based on the modification in the remaining duration, the actual cost is less than 4000, say 3500. In my understanding the actual cost will change automatically based on the rem duration (even with the physical % complete type). or we need to do manually.
Now, from p6 i need to generate the remaining budget to the end of the project. The problem is P6 is calculating the remaining cost, starting with 3500 (actual cost),not with 4000(reported to client as the present performance %). In my knowledge it can be solved by changing the actual cost similar to the earned value cost.
Is there any other easy method to resolve it?
Thanks
Kannan