EVM Baseline Cost When Moving a Task to Another Calendar Year

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Earned Value Management > Best Practices > EVM Baseline Cost When Moving a Task to Another Calendar Year

EVM Baseline Cost When Moving a Task to Another Calendar Year
Major Reen, Project Manager, United States, Member
If I process a Baseline Change Request (BCR) moving a task’s period of performance from one calendar year to the next, there is a labor rate upper (escalation). My question is "do I maintain the hours and have a baseline cost upper or maintain the baseline cost and reduce my hours"? I know many will reply that it is a program decision but what is best practice? I firmly believe that if the task takes 40 hours in 2015, it will still take 40 hours in 2016. I have already taken a significant MR challenge before the original baseline was established. Any and all comments welcomed and appreciated (the more comprehensive, the better 😉). By the way, I know some will want to reply that is a rubber baseline and should not be practiced. But let's assume it is by direction of the PM who is not EV savvy. Thanks again! (...) Read more? Sign up for free

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  EVM Baseline Cost When Moving a Task to Another Year
Jaap de Jonge, Editor, Netherlands
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Earned Value Management
Summary
Forum
Earned Value Management (EVM) in Agile Projects
Project Portfolio Scorecard in EVM
🔥Tips to Improve the Productivity in your Project
Best Practices
🥇What is Earned Value Management? Definition of EVM
🥈EVM Implementation in Construction
🥉EVM in Fixed Price Software Projects
When is an Asset over / under cost?
Earned Value Management is Like a Speedometer
Adjusting the BCWS in Earned Value Methods X%/Y%
EVM Problem: Project Scope Change
EVM Baseline Cost When Moving a Task to Another Calendar Year
Project Management Finance


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