Earned Value Management

Project Performance

The Project Performance report allows you to review the performance indices of the project. These are calculated using the earned value and the variance data for the current and cumulative periods.

Select the required project and click Project Performance by Project/ Activity or Project Performance by Project/ OBS to view the report for:

The performance data of the project at the activity level
The performance data of the project at the organization breakdown structure (OBS) level

To generate the report, specify:

Currency Type
The type of the currency used to display the data in the reports.
Company
The code of the company.
Project
The code of the project 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.

Actual Cost

Actual Cost = Actual Cost + Hard Commitment

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 currency in which the report data is displayed. Note: This value is based on the selected Currency Type.
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 Value
  The amount of work planned in the current/ cumulative period.
- Earned Value
  The amount of work completed in the current/ cumulative period.
- Actuals
  The actual cost incurred for the task in the current/ cumulative period.
- Cost variance
  The difference between the estimated cost and the actual cost incurred for the task.
```
Cost variance = Earned value - Actual
				costs
```
- Schedule variance
  The time period by which a project is ahead of or behind the schedule.
```
Schedule variance = Earned value – Planned
				value
```
Cost Performance Index
The index is calculated by dividing earned value with actual cost.
Schedule Performance Index
The index is calculated by dividing earned value with planned value.

EV Method in Infor LN	EV calculation is based on
Percent Complete	Progress defined in Infor LN for the activity
Start and End Percent	Start and end date of the activity
Milestone	Milestone completion date
Level of Effort	Effort to complete the project
Apportioned	Distribution of the Earned value

Project Performance by Project/ Activity

The Project Performance by Project/ Activity report displays the performance indices. These are calculated using the earned value and variance data of the project for the current and cumulative periods, at the activity level.

To generate the report, specify:

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

The Project Performance report displays this data:

Activity (Description)
The activity linked to the project.
Currency
The currency in which the report data is displayed. Note: This value is based on the selected Currency Type.
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 Value
  The amount of work planned in the current/ cumulative period.
- Earned Value
  The amount of work completed in the current/ cumulative period.
- Actuals
  The actual cost incurred for the task in the current/ cumulative period.
- Cost variance
  The difference between the estimated cost and the actual cost incurred for the task.
```
Cost variance = Earned value - Actuals
```
- Schedule variance
  The time period by which a project is ahead of or behind the schedule.
```
Schedule variance = Earned Value - Planned Value
```
Cost Performance Index
The cost performance index is calculated by dividing earned value with actual cost.
Schedule Performance Index
The schedule performance index is calculated by dividing earned value with planned value.

EV Method in Infor LN	EV calculation is based on
Percent Complete	Progress defined in Infor LN for the activity
Start and End Percent	Start and end date of the activity
Milestone	Milestone completion date
Level of Effort	Effort to complete the project
Apportioned	Distribution of the Earned value

Project Performance by Project/ OBS

The Project Performance by Project/ OBS report displays the performance indices of the project. These are calculated using the earned value and the variance data of the project for the current and cumulative periods, at the organization breakdown structure (OBS) level.

To generate the report, specify:

Company
The code of the company.
Project
The code of the project for which the report is generated.
Currency Type
The type of the currency used to display the data in the reports.
Period (Monthly)
The period (range) of the year for which the report is generated.

The report displays this data:

OBS (Description)
The organization breakdown structure (OBS) linked to the project.
Currency
The currency in which the report data is displayed. Note: This value is based on the selected Currency Type.
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 Value
  The amount of work planned in the current/ cumulative period.
- Earned Value
  The amount of work completed in the current/ cumulative period.
- Actuals
  The actual cost incurred for the task in the current/ cumulative period.
- Cost variance
  The difference between the estimated cost and the actual cost incurred for the task.
```
Cost variance = Earned value - Actuals
```
- Schedule variance
  The time period by which a project is ahead of or behind the schedule.
```
Schedule variance = Earned Value - Planned Value
```
Cost Performance Index
The index is calculated by dividing the earned value with actual cost.
Schedule Performance Index
The index is calculated by dividing the earned value with planned value.

EV Method in Infor LN	EV calculation is based on
Percent Complete	Progress defined in Infor LN for the activity
Start and End Percent	Start and end date of the activity
Milestone	Milestone completion date
Level of Effort	Effort to complete the project
Apportioned	Distribution of the Earned value