P6 v7 earned value not working as expected.

I’ve got a curious situation with the earned values not matching the baseline when I’ve set the “current project” as the baseline.

 

A little background on my P6 file to help pinpoint what I’ve been missing;

It is budget loaded by activity, but no resources assigned.

We are using the “Actual Labor Units” to match the “Earned Value Labor Units” so the “Units % Complete” match the “Physical % Complete” reported by the discipline leads.

There is no “negative float” in the schedule.

 

Here are the steps I’ve completed in checking;

Verified/adjusted that each activity the “At Complete Labor Units” equal the “Budgeted Labor Units”