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AACE has a definition called estimated actual cost. Is that the same ESTIMATED ACTUAL COSTS – In earned value management according to the ANSI EIA 748 standard, these are cost added to cost from the accounting system to create the appropriate actual cost of work performed (ACWP). Estimated actuals ...

Many thanks, Kyle, for looking at my questions. My query on the gate percentage was "Hard to figure out how the weighting is used." I understand the weighting is based on the 550 and 450 divided by 1000. What is not clear is why there is a need for weighting in quantity-based earned value? In Figure ...

Hola Michael: The article is AACE Ref.#: 23630. The title is, Basics of Earned Value Management–How & Why. ------------------------------ Michael Persaud Columbus taradep@gmail.com ------------------------------

Just reading this article to learn earned value. Don't understand how the weighting is used in calculations. The author say 1000 feet of pipeline, in two sections, a large and a small bore. 50 feet was completed for the large bore and 75 for the small bore. The table show gate weight of 55% and 45%. ...