Contracts

This section contains the following topics:

How to Work with Contracts

Create Contracts

View a List of and Open Contracts

Associate Contracts to Earned Value Reporting Periods

Associate Agencies to Contracts

Contract Pricing

Performance Measurement Baselines

Contract Work Breakdown Structure (CWBS)

Monitor CWBS Element Performance

Calculate Earned Value Metrics on Contracts

Monitor Contract Performance

Deactivate Contracts

Activate Contracts

Delete Contracts

How to Work with Contracts

You can define the contracts into which your organization enters with U.S. federal government agencies. Contracts are the top level of earned value data aggregations and all reporting requirements. Contract information is the basis for the earned value calculations that are used to track the overall performance of programs. The contract data is also important for reporting and is included in the contract performance reports (CPR).

Contracts are made up of:

The following outlines the expected process when working with contracts:

  1. Create the agency.
  2. Create the contract.
  3. Associate the agency to the contract.
  4. Build the control work breakdown structure (CWBS) hierarchy.
    1. Create the CWBS elements that will have control accounts.
    2. Create the summary level planning packages (SLPP).
    3. Identify the contract work breakdown structure (CWBS) elements that will have control accounts.
    4. Create your control accounts.
    5. Define the work packages for the control accounts.
  5. Link the work packages to projects or project tasks.
  6. Baseline the contract.
  7. As budgets are authorized and work authorization is approved:
  8. Post actuals against project tasks.

    Note: See the Common Features and Personal Options User Guide for more information. on submitting timesheets.

  9. Update earned value totals to reflect current earned value metrics.
  10. Update historical earned value for each reporting period.
  11. Set the contract performance report (CPR) parameters.
  12. Run the EVM CPR Report Data Generation job.

    Note: Contact your CA Clarity PPM administrator or see the Administration Guide for more information. on running jobs.

  13. Review the CPR reports.
  14. Monitor contract performance.