Project: Cost Variance Formula Incorrect in FIELDS.WRI

PSS ID Number: Q110778 Article last modified on 10-14-1994

1.00 3.00 3.00a | 3.00

WINDOWS | MACINTOSH

The information in this article applies to:

- Microsoft Project for Windows, versions 1.0, 3.0, 3.0a - Microsoft Project for Macintosh, version 3.0

SUMMARY

The FIELDS.WRI file in Microsoft Project for Windows 3.0 list the formula for CV incorrectly:

CV = BCWP - Actual Cost

The correct entry for this line is the following:

CV = Actual Cost - BCWP

NOTE: For more information on earned value, query on the following words in the Microsoft Knowledge Base:

Earned and Value

MORE INFORMATION

Microsoft Project 1.0 calculates Earned Value Cost Variance based on the formula:

CV = BCWP - Actual Cost (ACWP)

Microsoft Project 3.0 calculates Earned Value Cost Variance based on the formula:

CV = Actual Cost - BCWP

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