PMP BLOG

Cost Control Process

How to Calculate Planned Value First thing you need to do is to calculate BAC i.e Budget at completion of the project. Planned % complete at the given interval to time. If the schedule says that your team should have done 300 hours of work so far, and they will work a total of 1,000 hours on the project, then your planned % complete is 30%. Then PV =BAC *Planned % Complete. Example: You’re managing a project to install 200 windows in a new skyscraper and need to figure out…

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