How to Calculate EVA with MS-Project (Part 2)

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How to Calculate EVA with MS-Project (Part 2)

Andrew Makar, PMP

July 25, 2005





Continued from Part 1.

 

Once you've reviewed the total project costs, verify the total project amount does not exceed your total project budget. Project budgets are often estimated at a high level without the benefit of a detailed bottom-up estimate. If the project's cost is greater than the original budget, a funding supplement or scope change may be required.

 

Save the Project Baseline

After you've built your plan, assigned resources and confirmed the budgeted costs, the next step is to baseline the project plan.



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