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get your free copy of the complete tutorial at .att.com/biz the ability to perform earned value analysis this term is also often called earned value management this type of analysis lets you view project statistics that reveal the overall health of the project in terms of time and cost it also helps reveal trends that can indicate the eventual success or failure of the project when you view earned value analysis data in a project file you compare figures from a specified date in the project file against figures from one of the baselines you saved in the project file you must have saved at least one baseline copy of the project file to show earned value analysis results you must also have accurately recorded the actual work and costs in the project file in addition you must select a status date so Microsoft Office project can compare the baseline values against the values recorded as of the status date to specify the status date click the status date calendar button in the status button