Monitoring on cost plus projects

On projects linked to Time & Materials or Cost Reimbursement contracts, physical progress was ignored and the Actual Cost (AC) was used as the Earned Value (EV).

The Use Progress Setting for All Projects check box has been added to the Project Progress Parameters (tpppc0500m000) session to use the progress of all projects regardless of the linked contract type. If this check box is selected, the Build Actual Cost Control (tpppc4803m000) session considers all projects. This table shows the interaction between the project and cost object settings to determine the Earned Value (EV) and the Cost Variance:

Cost Object

Progress = yes

Cost Object

Progress = no

Project

Progress = yes

Determine result:

EV - AC = Variance

Determine result:

EV - AC = Variance

Project

Progress = no

Determine result:

EV - AC = Variance

Determine no result:

AC = EV

No variance