As a project progresses and milestones are met, you status the project in MPM to generate a percent that represents the work that has been completed. You will usually status a project at the end of a fiscal period. The method you use to status the project depends on the earned value method you selected for each WBS element. If work has not started on a WBS element, making a change is straight forward. If a WBS element is already in progress (has BCWP), making changes can impact the BCWP. Changing elements in progress is described in Modifying Milestone Information for Work in Progress.
There are only a handful of fields required for statusing milestones, even though you can display most of the WBS fields. To simplify data entry, use the Column Hide command under the Format menu to display only the following columns:
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It is useful to keep the Total Window displayed for reference.
The key steps in statusing a milestone are: