Calculating percentage of completion

Use this procedure to calculate percentage complete for activity groups, activities, and account categories. This lets you measure activity progress by calculating the percentage of budget completed to date. Percent complete is calculated as: Percent Complete = Cost to Date / Life to Date Budget.

Follow these steps to calculate the percentage of completion:

  1. Access Percent Complete Calculation (AC165).
  2. Select the activities for which to calculate the percent complete. Use the following guidelines to enter field values:
    Activity Group List, Activity Group, Activities, or Activity List

    Select one of these options:

    • Use the Activity Group List field to calculate percent complete for the specified activity group list

    • Use the Activity Group field to calculate percent complete for the specified activity group.

    • Use the Activities fields to specify up to six activities for which you want to calculate percent complete.

    • Use the Activity List field to specify one predefined list of activities for which you want to calculate percent complete.

    Through Date

    Specify an as-of date to use in calculating percentage complete. Percent Complete is calculated as the Cost to Date / Life to Date Budget.

    Budget

    Select the budget number to use when calculating the percentage complete.

    Budget Type

    Select whether the budget type is Amount or Unit.

    Calculate Over 100 Pct

    Select whether you want to be able to calculate more than 100% of budget for the specified parameters. The default setting is No.

    Detail Type

    Select the type of detail to calculate percent complete an activity or an account category. The default setting is Activity.

    Update

    Select whether to update the account categories and activities you selected with the new percent complete calculations or if you only want to view a report of the calculations that will be performed when you choose to update. The default setting is No.

    Account Categories

    Specify the range of account categories for which you want to calculate percent complete.

    Account Category Group

    Specify a predefined account category group, containing the account categories for which to calculate percentage complete. Define on the field (F6) to create an account category group if necessary. The Account Category Group is created on AC05.2.

Related reports and inquiries

To: Use:
Perform an online analysis of the percentage complete for activities and account categories Activity Percentage of Completion (AC65.1)
Report on percentage of completion for activities or account categories Percent Complete Report (AC265)