Labor Plan EVT Charts
The Labor Plan EVT Charts report displays earned value amounts for the plan you select. "EVT" in the report title stands for "earned value tracking."
Earned Value Formulas
The earned value amounts are calculated based on a formula that you select:
- Earned value percent * Planned amount
- Earned value percent * Direct labor fee amount
- Earned value percent * Baseline amount
- Earned value percent * Estimate-at-completion (EAC) amount
Acronyms: ACWP, BCWP, and BCWS
Select the Print Acronym Definitions Once Per Report option on the General tab to include these definitions on the first page of the report.
| Acronym | Stands For | Description |
|---|---|---|
| ACWP | Actual Cost of Work Performed | The actual cost of work performed is the job-to-date cost or hours. On the report, it is a combination of the actual job-to-date amounts for periods before the date that you specify on the Date Basis tab for this report, and the estimate-to-completion amounts for periods after that date. |
| BCWP | Budgeted Cost of Work Performed | The budgeted cost of work performed is the earned value. |
| BCWS | Budgeted Cost of Work Scheduled | The budgeted cost of work scheduled is the planned amount or baseline amount. |
Match JTD Option
This report is affected by the Match JTD option, which you set on the Project Planning form.
For any plan that is mapped to a project, use the Match JTD option on the Default WBS Mapping dialog box in Planning to specify the level of matching between job-to-date information and work breakdown structure (WBS) levels. (To display that dialog box, click Default WBS Mapping on the Options menu on the Project Planning form.) When you select that option for a level, all subsequent levels are automatically selected. When a level is not selected, Deltek calculates the job-to-date value as the sum of values from lower levels.
For example, suppose you have two plans, both of which are mapped to the same project. However, plan 1 is mapped to phase A of that project and plan 2 is mapped to phase B. If you select Match JTD for the phase level, Deltek accumulates actual values at the phase level, rather than at the project level. As a result, the job-to-date values are accurate for each of the plans. If you do not select Match JTD for the phase level, Deltek accumulates job-to-date values at the project level. In that case, job-to-date values for plan 1 could incorrectly include actual activity for phase B, and those for plan 2 could incorrectly include actual activity for phase A.
Options Dialog Box
Use the Options dialog box to specify reporting options for a report. Depending on the report, the dialog box contains one or more of the following tabs: General, Sorting/Grouping, Columns, Budget, Metrics, User Defined Sections, Activity, Drill Down, Layout, and Graph.