This is a handy way to see, at a glance, whether the task is over- or under-budget: values higher than 1 are under budget, values lower than one are over budget, and 1 exactly means the project’s budget is right on track. Cost Performance Index (CPI) The Cost Performance Index is reached by dividing the task’s earned value by its actual cost.
This value is determined at the start of the project by effort assignments and resource costs. Earned Value (BCWP) The earned value, or budgeted cost of work performed, is another pretty simple calculation that represents the planned budget for the amount of work done on the project at this point ('this point' being the baseline used for analysis). If two 8-hour days of effort are finished and a resource is contributing at 100% units and efficiency at a Cost/Hour of $50, they’ll contribute $800 to the actual cost. In OmniPlan terms, this represents the amount of effort completed by resources assigned to a task, multiplied by their costs. Actual Cost (ACWP) This column is pretty straightforward it’s the actual cost of work performed up to the current date. This first group of columns tells us about the amount of money we’ve spent on tasks to this point in the project, and compares that with our initial budget. With these set up, we can begin putting the EVA columns to use. To add items inside the group, open it by clicking the disclosure triangle next to the group name (or its bar in the Gantt chart), and with the group selected, create new tasks as normal.To create a new group with nothing inside it:.The selected items become children of a newly created group.
Choose Structure ▸ Group ( Command-Option-L).To bring tasks into a newly created group:.The items become children of the item above them in the outline.Choose Structure ▸ Indent ( Command-]) or Tab, depending on your preference setting).To bring tasks into a group within a peer task above them in the outline:.Add more tasks to the group by pressing Return.The selected item becomes a group with one child task.Choose Structure ▸ Add ▸ Add Child Task ( Command-}).Select the item you want to grant sub-tasks.To convert a task to a group with new child tasks inside it:.There are a few ways to approach grouping, depending on whether you’re starting with an existing set of items you want to add to a group, converting an existing item to a group, or creating a brand new group task.
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