## Reply: Earned Value vs. Actual Costs

 Name E-mail Your e-mail address will never be displayed on the site. Subject Message [quote="James Pursley" post=2950]Thank you both for two very well thought out responses! Based on your explanations is still seems like that AC and EV totals will be the same at any point of the effort since even for non-revenue-generating projects you will still have costs. I get the feeling I'm still missing something. If you start back with the definition I used of EV and AC in the starting thread (i.e. EV is equal to the work that has been accomplished on the project; and, AC is equal to the true costs incurred) then maybe my beginning premise is not accurate. Doesn't EV and AC apply to both revenue-generatong AND non-revenue generating projects or is there some exclusion for either scenario that is not needed for one of the two variables? Thank you, Jim[/quote]

## Topic History of : Earned Value vs. Actual Costs

Max. showing the last 6 posts - (Last post first)
9 months 2 weeks ago #29509

Alonso Mena

Could you explain why in MsProject, EV is equal to AC and you can not modify the AC?
3 years 5 days ago #20432

Anonymous

This helped out a lot thank you!
3 years 1 month ago #20067

Chetan

the way you clarified that the EV is the value earned in the project and cost we put to earn it is the actual cost... clarified it all.

thanks
3 years 1 month ago #19796

Anonymous

if earned value is greater than planned value cost so in this case , is there a concern ?
3 years 5 months ago #18828

Crystal

Thank you for this thread! I was struggling with the same thought process and take the exam this afternoon. This really cleared up the confusion!

Crystal
3 years 10 months ago #17462

Anonymous

Khurram, I have an exercise which states: a very small project has total BAC (budget at completion) value of USD100,000 and duration estimate of 5 weeks. After 2nd week of completion in the project, the project is 38% complete. According to the schedule, the project should be 48% completed. Draw the S-Curve and show PV, EV, and AC. I do not have cost incurred to date.
Thanks,
Luis

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