Time Phased Performance

Time Phased Project Performance
 

Time Phased Project Performance

The Time Phased Project performance report allows you to review the time phased budget and the actual cost data of the project for the current and the cumulative periods. Time phasing is based on the Earned Value (EV) method specified for the activity.

Select the required project and click Time Phased Budget vs Actuals by Project/ Activity to view the report.

To generate the report, specify:

  • Currency Type
    The type of the currency used for the project.
  • Company
    The code of the company.
  • Project
    The code of the project (range) for which the report is generated.
  • Status
    The project status.
  • Acquiring Method
    The method used to acquire the project.
  • Financing Method
    The financing method used for the project.
  • Business Sector
    An area of commercial endeavour. Projects can be categorized based on the business sector.
  • Geographical Area
    The geographical area associated with the project.
  • Category
    The user-defined classification of the project.
  • Program
    A group of related projects managed in a coordinated way to obtain more benefits and control.
  • Project Manager
    The employee who manages the project.
  • Actual Cost
    Actual Cost = Actual Cost + Hard Commitment

    or

    Actual Cost = Actual Cost + Hard Commitment + Soft
    		  Commitment

The report displays this data:

  • Project
    The code of the project for which the report is generated.
  • Currency
    The project currency. Note: This value is based on the Currency Type, selected in the settings.
  • Period/ Cumulative

    • Year
      The current/ cumulative year for which report is generated.
    • Period
      The current/ cumulative period of the year for which report is generated.
    • Budget
      The budget allocated to the project in the current/ cumulative period.
    • Actual Cost
      The actual cost incurred on the project in the current/ cumulative period.
    • Balance Budget

      The balance amount in the current/ cumulative period, calculated using the formula:

      (Budget - Actual Cost)
    • Balance Budget %

      The balance amount expressed as a percentage:

      ((Budget - Actual Cost)/ Budget))*100

 

 
   
Time Phased Budget vs Actuals by Project/ Activity
 

Time Phased Budget vs Actuals by Project/ Activity

The Time Phased Budget vs Actuals by Project/ Activity report displays the time phased budget and actual cost data of the project for the current and the cumulative periods, at the activity level. Time phasing is based on the Earned Value (EV) method specified for the activity.

Select the required activity and click Time Phased Budget vs Actuals by Project/ Activity/ Cost Component report or Time Phased Budget vs Actuals by Project/ Activity/ Control Code to view the report for:

  • The time phased budget vs actual cost data at the project/ activity/ cost component level
  • The time phased budget vs actual cost data at the project/ activity/ control code level

To generate the report, specify:

  • Company
    The code of the company.
  • Currency Type
    The type of the currency based on which the report is generated.
  • Project
    The code of the project for which budget report is generated
  • Period (Monthly)
    The periods of the year (range) for which report is generated.

The report displays this data:

  • Activity (Description)
    The activity linked to the project.
  • Currency
    The project currency. Note: This value is based on the Currency Type, selected in the settings.
  • Period/ Cumulative

    • Year
      The current/ cumulative year for which the report is generated.
    • Period
      The current/ cumulative period of the year for which the report is generated.
    • Budget
      The budget allocated to the project in the current/ cumulative period.
    • Actual Cost
      The actual cost incurred on the project in the current/ cumulative period.
    • Balance Budget

      The balance amount in the current/ cumulative period, calculated using the formula:

      (Budget - Actual Cost)
    • Balance Budget %

      The balance amount expressed as a percentage:

      ((Budget - Actual Cost)/ Budget))*100

 

 
   
Time Phased Budget vs Actuals by Project/ Activity/ Cost Component
 

Time Phased Budget vs Actuals by Project/ Activity/ Cost Component

The Time Phased Budget vs Actuals by Project/ Activity/ Cost Component report displays the time phased budget data and actual cost data of the project for the current and the cumulative periods, at the cost component level. Time phasing is based on the Earned Value (EV) method defined for the activity.

To generate the report, specify:

  • Company
    The code of the company.
  • Currency Type
    The type of the currency used by the project.
  • Project
    The code of the project for which the report is generated
  • Activity
    The code of the activity linked to the project.
  • Period (Monthly)
    The periods of the year (range) for which report is generated.

The report displays:

  • Cost Component (Description)
    The cost component linked to the project.
  • Currency
    The project currency. Note: This value is based on the Currency Type, selected in the settings.
  • Period/ Cumulative

    • Year
      The current/ cumulative year for which the report is generated.
    • Period
      The current/ cumulative period of the year for which the report is generated.
    • Budget
      The budget allocated to the project in the current/ cumulative period.
    • Actual Cost
      The actual cost incurred on the project in the current/ cumulative period.
    • Balance Budget

      The balance amount in the current/ cumulative period, calculated using the formula:

      (Budget - Actual Cost)
    • Balance Budget %

      The balance amount expressed as a percentage:

      ((Budget - Actual Cost)/ Budget))*100

 

 
   
Time Phased Budget vs Actuals by Project/ Activity/ Control Code
 

Time Phased Budget vs Actuals by Project/ Activity/ Control Code

The Time Phased Budget vs Actuals by Project/ Activity/ Control Code report displays the time phased budget data and actual cost data of the project for the current and the cumulative periods, at the control code level. Time phasing is based on the Earned Value (EV) method specified for the activity.

To generate the report, specify:

  • Company
    The code of the company.
  • Currency Type
    The type of the currency based on which the report is generated.
  • Project
    The code of the project for which budget report is generated
  • Activity
    The code of the activity linked to the project.
  • Period (Monthly)
    The periods of the year (range) for which report is generated.

The report displays this data:

  • Control Code (Description)
    The control code linked to the project.
  • Currency
    The project currency. Note: This value is based on the Currency Type, selected in the settings.
  • Period/ Cumulative

    • Year
      The current/ cumulative year for which the report is generated.
    • Period
      The current/ cumulative period of the year for which the report is generated.
    • Budget
      The budget allocated to the project in the current/ cumulative period.
    • Actual Cost
      The actual cost incurred on the project in the current/ cumulative period.
    • Balance Budget

      The balance amount in the current/ cumulative period, calculated using the formula:

      (Budget - Actual Cost)
    • Balance Budget %

      The balance amount expressed as a percentage:

      ((Budget - Actual Cost)/ Budget))*100

 

 
   
Time Phased Hours by Project
 

Time Phased Hours by Project

The Time Phased performance report allows you to review the time phased budget data and the actual hours utilized for the project in the current and the cumulative periods. Time phasing is based on the Earned Value (EV) method, specified for the activity.

Select the required project and click Time Phased Hours by Project/ Activity to view the report.

To generate the report, specify:

  • Company
    The code of the company.
  • Project
    The code of the project (range) for which the report is generated.
  • Status
    The project status.
  • Acquiring Method
    The method used to acquire the project.
  • Financing Method
    The financing method used for the project.
  • Business Sector
    The section of economy related to business and corporate organizations. Projects can be categorized based on the business sector.
  • Geographical Area
    The geographical area associated with the project.
  • Category
    The user-defined classification of the project.
  • Program
    A group of related projects managed in a coordinated way to obtain more benefits and control.
  • Project Manager
    The employee who manages the project.

The report displays:

  • Project
    The code of the project for which the report is generated.
  • Period/ Cumulative

    • Year
      The current/ cumulative year for which the report is generated.
    • Period
      The current/ cumulative period of the year for which the report is generated.
    • Planned Hours
      The estimated number of hours required for the completion of the project in the current/ cumulative period. Calculations are based on the Earned Value (EV) method, defined on the activity.
    • Actual Hours
      The actual hours used to complete the project in the current/ cumulative period.
    • Balance Hours

      The balance hours in the current/ cumulative period, calculated using the formula:

      (Planned Hours - Actual Hours)
    • Balance Hours %

      The balance hours expressed as a percentage:

      ((Planned Hours - Actual Hours)/ Planned Hours))*100

 

 
   
Time Phased Hours by Project/ Activity
 

Time Phased Hours by Project/ Activity

The Time Phased Hours by Project/ Activity report displays the time phased budget data and the actual hours utilized for the project in the current and the cumulative periods at the activity level. Time phasing is based on the Earned Value (EV) method, defined for the activity.

Select the required activity and click Time Phased Hours by Project/ Activity/ Cost Component or Time Phased Hours by Project/ Activity/ Control Code to view the report for:

  • The time phased budget data and the actual hours utilized for the project in the current and the cumulative periods at the project/ activity/ cost component level
  • The time phased budget data and the actual hours utilized for the project in the current and cumulative periods at the project/ activity/ control code level

To generate the report, specify:

  • Company
    The code of the company.
  • Project
    The code of the project for which the report is generated

The report displays:

  • Activity (Description)
    The activity linked to the project.
  • Period/ Cumulative

    • Year
      The current/ cumulative year for which the report is generated.
    • Period
      The current/ cumulative period of the year for which the report is generated.
    • Planned Hours
      The estimated number of hours required for the completion of the project in the current/ cumulative period. Calculations are based on the Earned Value (EV) method, defined on the activity.
    • Actual Hours
      The actual hours used to complete the project in the current/ cumulative period.
    • Balance Hours

      The balance hours in the current/ cumulative period, calculated using the formula:

      (Planned Hours - Actual Hours)
    • Balance Hours %

      The balance hours expressed as a percentage:

      ((Planned Hours - Actual Hours)/ Planned Hours))*100

 

 
   
Time Phased Hours by Project/ Activity/ Cost Component
 

Time Phased Hours by Project/ Activity/ Cost Component

The Time Phased Hours by Project/ Activity/ Cost Component report displays the time phased budget data and the actual hours utilized for the project in the current and the cumulative periods, at the cost component level. Time phasing is based on the Earned Value (EV) method, specified for the activity.

Note

At the cost component level and the control code level, the time phased hours report is displayed only for the cost type; Labor.

To generate the report, specify:

  • Company
    The code of the company.
  • Project
    The code of the project for which the report is generated.
  • Activity (Description)
    The activity linked to the project.

The report displays:

  • Cost Component (Description)
    The cost component linked to the project.
  • Period/ Cumulative

    • Year
      The current/ cumulative year for which the report is generated.
    • Period
      The current/ cumulative period of the year for which the report is generated.
    • Planned Hours
      The estimated number of hours required for the completion of the project in the current/ cumulative period. Calculations are based on the Earned Value (EV) method, defined on the activity.
    • Actual Hours
      The actual hours used to complete the project in the current/ cumulative period.
    • Balance Hours

      The balance hours in the current/ cumulative period, calculated using the formula:

      (Planned Hours - Actual Hours)
    • Balance Hours %

      The balance hours expressed as a percentage:

      ((Planned Hours - Actual Hours))/ Planned Hours))*100

 

 
   
Time Phased Hours by Project/ Activity/ Control Code
 

Time Phased Hours by Project/ Activity/ Control Code

The Time Phased Hours by Project/ Activity/ Control Code report displays the time phased budget data and the actual hours utilized for the project in the current and the cumulative periods, at the control code level. Time phasing is based on the Earned Value (EV) method, specified for the activity.

Note

At the cost component level and the control code level, the time phased hours report is displayed only for the cost type; Labor.

To generate the report, specify:

  • Company
    The code of the company.
  • Project
    The code of the project for which the report is generated
  • Activity (Description)
    The activity linked to the project.

The report displays:

  • Control Code (Description)
    The control code linked to the project.
  • Period/ Cumulative

    • Year
      The current/ cumulative year for which the report is generated.
    • Period
      The current/ cumulative period of the year for which the report is generated.
    • Planned Hours
      The estimated number of hours required for the completion of the project in the current/ cumulative period. Calculations are based on the Earned Value (EV) method, defined on the activity.
    • Actual Hours
      The actual hours used to complete the project in the current/ cumulative period.
    • Balance Hours

      The balance hours in the current/ cumulative period, calculated using the formula:

      (Planned Hours - Actual Hours)
    • Balance Hours %

      The balance hours expressed as a percentage:

      ((Planned Hours - Actual Hours)/ Planned Hours))*100