The project plan shows which tasks are complete. The current date is 31/5/13 and there is a delay of 4 days with excavation due to bad weather. In the same example the first two phases were completed as planned. Tip: You can edit or add elements to the chart simply by clicking anywhere on the chart. In the above graph the baseline cost is displayed as a grey line in the cost status graph. We often talk about Earned Value in Project Management, and in this instance the baseline cost is often referred as the Budget at Completion. The baseline cost shows the total planned cost for a project or task.

A cost status table for top level tasks.Ī great way of breaking down your data, the Cost Overview Reports clearly indicate where your money has been spent to date and the relative progress of your project as a percentage.

A chart of cost status for top level tasks.The Cost Overview report shows the following prior to setting a baseline: Where is your spend going? Could your resources be better allocated? Cost Overview reports in MS Project are a great way of keeping track of your budget in a way that’s digestible and simple to share with colleagues and clients.

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