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Project Costs by Phase Portlet

The Project Costs by Phase portlet displays cost performance amounts and variances by phase. Use the portlet to identify the phases of the project plan that are over baseline from a cost standpoint.

To view this portlet, click the Costs Drill Down icon in the Program Manager Cost Dashboard Portlet.

The following fields display on this portlet:

Project

Displays the project name. Click a project name to view the project properties page.

Phase

Displays the phases of a project. Click a phase to view the task properties page.

Status

Displays the phase status (Not Started, Started, Completed).

Start

Displays the phase start date.

Finish

Displays the phase finish date.

BAC Cost

Displays the system-calculated value of baseline at completion, which is the baseline cost at the time of the current baseline revision.

Source: Performance properties page of the task.

Actual Cost (ACWP)

Displays the system-calculated value of actual cost of work performed (ACWP), which is the total direct cost incurred in performing work based on posted actuals.

Source: Performance properties page of the task.

ETC Cost

Displays the system-calculated value of the estimated cost to complete the task. ETC cost is the aggregated total for the remaining labor and non-labor cost to complete the task.

Source: Performance properties page of the task.

EAC Cost

Displays the system-calculated value of estimate at completion, which is the total cost of actual work completed to date and the predicted cost of finishing the remaining work.

Source: Performance properties page of the task.

Projected Cost Variance

Displays the variance between the estimated plus actual cost and the baseline cost.

Source: Performance properties page of the task.

Formula: ( (ETC Cost + Actual Cost (ACWP)) - BAC Cost )

Projected Cost Variance %

Displays a stoplight indicating the projected cost variance as a percentage of BAC cost.

Source: Performance properties page of the task.

Formula: ( ( (ETC Cost + Actual Cost (ACWP)) - BAC Cost) / BAC Cost) * 100

Stoplights:

The following fields are available for adding by configuration to this portlet.

For more information, see the Basics User Guide.

Baseline Start

Displays the task baseline start date.

Baseline Finish

Displays the task baseline finish date.

BAC

Displays the system-calculated value of the baseline effort (actuals plus remaining ETC) at the time of the current baseline revision.

Source: Performance properties page of the task.

Actuals

Displays the system-calculated value of the actual effort posted to the tasks in the project.

Source: Performance properties page of the task.

ETC

Displays the system-calculated value of the estimated effort to complete the task.

Source: Performance properties page of the task.

EAC

Displays the system-calculated value of the estimated effort at completion (actuals plus remaining ETC) of the task.

Source: Performance properties page of the task.

Projected Effort Variance

Displays the variance between EAC effort and baseline effort.

Source: Performance properties page of the task.

Formula: (EAC Effort – BAC Effort)

Projected Effort Variance %

Displays a stoplight indicating the projected effort variance as a percentage of BAC effort.

Source: Performance properties page of the task.

Formula: ( (EAC Effort – BAC Effort) / BAC Effort) * 100

Stoplights:

Planned Value (BCWS)

Displays the system-calculated value of budgeted cost of work scheduled (BCWS) or the budgeted amount you can spend on the task in a given time. If time is not specified, either the current date for the task or the system date is used. BCWS is also referred to as the planned value (PV).

Source: Performance properties page of the task.

Earned Value (BCWP)

Displays the system-calculated value of budgeted cost of work performed (BCWP). The value is calculated and recorded when you baseline a project, or when you update earned value totals. BCWP is also referred to as the earned value (EV) and represents the amount of baseline cost (BAC) completed based on performance. Performance is measured using the Task EV Calculation method.

Source: Performance properties page of the task.

Cost Variance (CV)

Displays the system-calculated value of cost variance. The cost variance is the value of what is accomplished to date as opposed to what is spent to date.

Source: Performance properties page of the task.

Schedule Variance (SV)

Displays the system-calculated value of schedule variance. The schedule variance is the value of what is scheduled to date as opposed to what is performed to date. A positive value indicates that the work is ahead of the baseline schedule. A negative value indicates that the work is behind the baseline schedule.

Source: Performance properties page of the task.

Cost Variance %

Displays cost variance as a percentage. The variance is calculated as the percentage of cost variance over the amount of the budgeted cost of work performed (BCWP).

Source: Performance properties page of the task.

Formula: ((BCWP – ACWP) / BCWP) * 100

Schedule Variance %

Displays schedule variance as a percentage. The variance is calculated as the percentage of schedule variance over the amount of the budgeted cost of work scheduled (BCWS).

Source: Performance properties page of the task.

Formula: ((BCWP – BCWS) / BCWS) *100

Cost Performance Index (CPI)

Displays the system-calculated value of cost performance index (CPI), which is an efficiency rating for work accomplished. A value greater than or equal to one indicates a favorable condition. A value of less than one indicates an unfavorable condition.

Source: Performance properties page of the task.

Schedule Performance Index (SPI)

Displays the system-calculated value of schedule performance index (SPI), which is the ratio of work performed to work scheduled. A value greater than or equal to one indicates work is on schedule. A value of less than one indicates the work is behind schedule.

Source: Performance properties page of the task.

More information:

Program Manager Cost Dashboard Portlet