This document outlines a “Simple Earned Value” technique, a technique which sticks to a simple
0/100% Milestone approach with some Level of effort tasks maintained using the % Complete field calculated by the tool. Earned Value is typically done based on dollar amounts but can also be done using man-hours or quantities.
By Martin Vaughan
Martin Vaughan is a Senior Consultant and Director of Core Consulting Group. With 20 years Project Management experience, the first 10 years focused on Planning/Scheduling and EVM, together with extensive industry experience as an employer of Planner/Schedulers and Project Managers, he is well placed to comment.
Martin lectured in IT Project Management at Melbourne University at a Post Graduate level, writes and speaks regularly in various industry forums. He has developed a number of Graduate Programs and has led skills development in and around Planning and Scheduling for years.
There is also a download for earlier versions of MS Project, click here