Review Cost Progress

project controls manager on the phone
Use Case

Use Case: The project controls manager compares actual costs to earned budget values to determine areas of the project that need extra attention. She runs a report to share with the Project Manager and review in the next team meeting.

To review earned value metrics based on costs, first set up a custom data block.  Then you can review related formulas and inputs.

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Custom Data Blocks

Custom data blocks will vary based on the organization.  Following is an example of a data block focused on cost progress, but you may choose to make adjustments based on your needs.

Suggested Columns

  • CE or CB cost earned

  • Actual labor cost/MHr (to date)

  • Compensation factor (to date)

  • Actual cost (to date)

  • CE or CB cost G/L (to date)

To learn more about progress measurement in Control, watch this video:


Review Formulas and Inputs

Each column in your data block will display a specific data point (such as actual quantity to date) or a formula. To view the formula for a column, hover your cursor over the column header.


Review the following earned-value formulas related to costs:

Once your custom data blocks are in place and you’ve reviewed the formulas, review inputs and how they drive the calculated values for:

  • Earned value

  • Compensation factor

  • Gain/Loss (G/L)

For more information on progress measurement in Control, access the following:

Progress Measurement Overview



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