Example 3 - Earned Value at task level: Learn how to interpret Earned Value Graphs: MS Project: View Free, Total and Zero Slack or Float: To-Complete Performance Index (TCPI): 19 TIPS for setting-up the perfect project: (Visit my Channel for Project Management topics and videos) In this video an example is used to show how to do earned value analysis using Microsoft Project of MS Project. In the example resources are assign to tasks in order to generate the project cost (i.e. baseline cost) The following steps are followed: Step 1: Assign resources to tasks Step 2: Switch off “Actual cost are always calculated by Project” Step 3: Set Earned Value options for the project - set default task Earned Value method (% completed) - set baseline for Earned Value calculations Step 4: Set project baseline Step 5: Set the project status date Step 6: Add project progress (% complete & actual cost) to status date Step 7: Earned Value Tables and Report Planned Value (PV) = Budgeted Cost of Work Scheduled (BCWS) Earned Value (EV) = Budgeted Cost of Work Performed (BCWP) Actual Cost (AC) = Actual Cost of Work Performed (ACWP)