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 endeavor. 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.

• Group

  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, specified 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. The Bottom-up budget specified in Infor LN (all budgets are considered irrespective of the status). This budget is Time Phased based on the Earned Value Method of the activity.

  • 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