Dear All,
This is Umashankar Presenting greetings of the season!
I am currently involved in producing a revised schedule. The Project has a contract duration of 3 years; of which 1 1/2 years is already elapsed. The client issued a Variation Order for descope and the Contract Completion date still remains the same.
With this scenario, I am forced to produce a revised schedule on the date of VO issued. The revised programme shall be produced in a different execution strategy as that of baseline programme due to change in Traffic Diversion Scheme post approval of Baseline Programme.
Hence I have to make the schedule to reflect the actuals until VO issue date, i.e.,
For Completed Activities:
Original Duration = Actual Duration
Planned Start and Finish Dates = Actual Start and Finish Dates
For in Progress Activities:
Original Duration = Actual Duration + Remaining Duration
Planned Start = Actual Start
Planned Finish = Finish
Until this step everything went well; but there was no effect to the earned values, i.e. Planned Value cost and Earned Value cost doest not match.
Can anyone suggest how to make the Budgetted Cost, Planned Value Cost and Earned Value Cost equal before doing any changes to the Programme?
Thanks in Advance,
V. Umashankar.