Schedule updating and project control chic dating
In the world of Earned Value, the costs before the Data Date are called the Planned Value, or PV for short (Also called BCWS – Budgeted Cost of Work Scheduled).The total baseline cost is called Budget At Completion or BAC for short.
Here’s a formula to calculate Activity Schedule % Complete: The following diagram shows the Schedule % Complete of a single Activity for different Data Dates: And that’s all for the activities; it has nothing to do with the current schedule, the resource curves, the costs, etc.Whenever a company launches a new system, it always follows with one or two dot releases to address urgent bugs and change requests.Use this plan if you are doing a dot release (or maintenance release). The key to a successful project is to use JPACE--that is, to Justify, Plan, Activate, Control and End it the right way.This Microsoft Project plan will help you do just that.
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Two important products of maintaining schedules are planned progress and actual progress of a given time; you want to know how much you’ve done so far and compare it with how much you were supposed to do so far, in order to reach project targets.