Project Performance
The Project Performance report allows you to review the
performance indices using the earned value and variance data for the current
and cumulative period.
The Project Performance report displays the following
data:
- Planned value: The amount of work planned in the
specified period
- Earned value: The amount of work completed in the
specified period
- Actuals: The cost incurred in the specified
period.
- Cost variance: The difference between the cost
incurred for the task completed and the actual cost. Cost variance =
Earned value – Actual costs
- Schedule variance: The time period by which a project
is ahead or behind the schedule. Schedule variance = Earned value –
Planned value
- Estimate At Complete Variances : The project budget at
completion against the forecasted cost at completion. Estimate At
Complete Variance = Budget At Completion – Estimate At Complete
- Cost Performance Index: The index is calculated by
dividing earned value by actual cost.
- Schedule Performance Index: The index is calculated by
dividing earned value by planned value.
EV Method in LN | EV
calculation is based on |
---|
Percent Complete | Progress
defined in LN for the
activity |
Start and End Percent | Start and end date of
the activity |
Milestone | Milestone completion
date |
Following are the reports that can be
generated:
- Project Performance by Project / Activity
- Project Performance Trend
To generate the report:
- Specify the range of data for which you want to generate the
report.
- Review the data.
- Click the project code in the Project field.
- Click Project Performance by Project / Activity in the Project
field to view the report for the performance index at the activity
level.
- Review the Cost Performance Index (CPI) and Schedule
Performance Index (SPI) data at the activity level.