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What is BCWP formula?

Need to know the exact formula for BCWP in MS Project.
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pmcoordinator
Asked:
pmcoordinator
1 Solution
 
dbase118Commented:
BCWP (Budgeted Cost of Worked Performed) is simply the calculated cost of the task based on the status date. It assumes that all work is done according to schedule.

So for a given task the BCWP formulas is Total Cost * % complete.  %completed is determined by  using  STATUS DATE - START DATE / FINISH DATE - START DATE)
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Dr. Thomas HenkelmannDirector Consulting ServicesCommented:
Hmm, I don't agree.

To calculate BCWP you need to have a few more things:
- the baseline needs to be saved
- the task needs either "% complete" or "physical % complete" with a value greater 0. (you can define which Earned Value Method to use in File..Options..Advanced)

BCWP then shows the cost from the task's BASELINE by calculating the cumulated total of baseline cost from the task's start to the calculated finish (start + (duration * % complete)), however never beyond the status date.
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pmcoordinatorAuthor Commented:
this question can be answered differently.
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