Contracts › How to Work with 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 comprise:

• Contract work breakdown structure (CWBS) elements
• Summary level planning packages (SLPP)
• Control accounts (CA)
• Work packages (WP)

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 having control accounts.
   2. Create the summary level planning packages (SLPP).
   3. Identify the contract work breakdown structure (CWBS) elements having 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. With budgets authorized and work authorization approved:
   • Update the control accounts
   • Update the work packages
8. Post actuals against project tasks.

   See the CA Clarity Basics User Guide for more information.

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.

    Contact your CA Clarity PPM administrator or see the Administration Guide for more information.

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