Overall Contract Performance
The Contract Overall Performance chart is a traffic light based metric that provides a graphical view of the overall performance of the contract.
Traffic Light Indicators:
- Green
Contract is profitable.
- Red
Contract incurs loss.
Current Profit | Expected Profit | Overdues | |
---|---|---|---|
Green | > = 0 | > = 0 | No |
Red | < 0 | < 0 | Yes |
- Current Profit = Revenue Recognized – Cost of Sales
- Expected Profit = Sum of all Contract Line Amounts – Estimated Budget at Completion
- Revenue Recognized = Sum of all the Interim Revenues Results by contract line
- Cost of Sales = Sum of all the Interim Costs Results by contract line
- Contract Amount = Sum of all the contract line amounts
- Estimated Budget At Completion (EAC) = Sum of all the EAC amounts for the projects linked to the contract line