Hello. I have explained it in the next video. It is a radio button which is available at the WBS tab. You have to search for the WBS tab and find the radio button. Do watch the complete video.
Dear Sir, i have a doubt Estimate to complete is showing the value for the balance 5 days - Budgeted cost only. But i need to know, if the project performing in the same scenario (Cost Performance Index - 0.56) what will be Estimated at Completion cost. is it possible to forcast this data.
Yes Sridhar. It's a little more of an advanced topic. But of course you can forecast the data particularly for these kind of scenarios. The values will be automatically calculated as soon as you change the EVA CASE ( it's available in the software under the menu PROJECT -> WBS -> EVA -> Change the case ; you will see 4 cases ; for your doubt it's the 2nd case that you see in the software , click on the 2nd case and that's it , values will show up according to 2nd case while you carry out tracking ) Since this is a simple problem ,for your doubt, the answer should be... the days and the cost for project completion will just double.
I workout same like you But I get Estimate to complete=900 Estimate at completion cost = 1800 Cost variance = (400) Schedule variance=(200) Tracking part is ok. But in forecasting part value is change. Why bro?
Hello there @Usha Mano , with the default settings if you worked out on this problem ; the outputs should be same. I suggest you to recheck the procedure you followed.. If not, there's a setting on the WBS window. Where you can find a tab named earned value. Click on that tab and then set it to first radio button that you see. ( by default itself, it should be on the first radio button ). Now work out on this problem again. It should be good. :)
Wel explained 👌
Thank you brother ✨
Hello Harsh
What are you considering the setting for ETC?
ETC = Remaining Cost for Activity?
Hello Sami,
ETC means estimated total cost
No..I meant to ask which radio button did you select for ETC?@@itisharshX
Hello. I have explained it in the next video. It is a radio button which is available at the WBS tab. You have to search for the WBS tab and find the radio button. Do watch the complete video.
This is good ustad
Thank you sir👍😄
wow😀
Thank you brother😄
Thanks a lot. Quite understandable
My pleasure mate😄
GOOD PRESENTATION
Thank you brother.
Dear Sir,
i have a doubt
Estimate to complete is showing the value for the balance 5 days - Budgeted cost only.
But i need to know, if the project performing in the same scenario (Cost Performance Index - 0.56) what will be Estimated at Completion cost.
is it possible to forcast this data.
Yes Sridhar.
It's a little more of an advanced topic. But of course you can forecast the data particularly for these kind of scenarios.
The values will be automatically calculated as soon as you change the EVA CASE ( it's available in the software under the menu PROJECT -> WBS -> EVA -> Change the case ; you will see 4 cases ; for your doubt it's the 2nd case that you see in the software , click on the 2nd case and that's it , values will show up according to 2nd case while you carry out tracking )
Since this is a simple problem ,for your doubt, the answer should be... the days and the cost for project completion will just double.
@@itisharshX Thank u Sir for your reply
You are welcome brother😊
Etc and eac not changed
Please rewatch the video🤝
wonderful sir, but one doubt how do we get planned % of progress?
Thank you salman😄 can you explain more about your doubt brother?
Can we update Actual unit instead of updating in actual cost table directly.?
Yes ofcourse you can update actual unit also but it will be a little more trickier than actual cost.
I workout same like you
But I get
Estimate to complete=900
Estimate at completion cost = 1800
Cost variance = (400)
Schedule variance=(200)
Tracking part is ok. But in forecasting part value is change. Why bro?
Hello there @Usha Mano , with the default settings if you worked out on this problem ; the outputs should be same. I suggest you to recheck the procedure you followed.. If not, there's a setting on the WBS window. Where you can find a tab named earned value. Click on that tab and then set it to first radio button that you see. ( by default itself, it should be on the first radio button ). Now work out on this problem again. It should be good. :)
@@itisharshX aaah ok bro 👍🏻. I will try again. Thank you so much. 🙏
@Usha Mano , You are welcome bro 😄
@@itisharshX bro i do the setting on WPS window then the forecasting part shows output like you. 👍🏻
@Usha Mano, that's cool bro 😎