Setup › Earned Value Reporting Periods › Create Earned Value Reporting Periods

Create Earned Value Reporting Periods

Create the earned value reporting periods used by project managers for earned value analysis (EVA). When you define the reporting period, you define how often the report runs.

Project managers associate their projects to defined reporting periods. Historical earned value snapshots of project performance are taken based on this reporting period.

Weekly Frequency Example

For a weekly recurrence of the reporting period, enter 1 as the frequency. For a recurrence to happen every other week, enter 2. For twice a year, enter 26. And once a year, enter 52.

Follow these steps:

1. Open Administration, and from Earned Value Management, click Period Definitions.

   The list page appears.

2. Click New.

   The create page appears.

3. Complete the following general fields:

   Name

   Defines the name for the earned value reporting period.

   Limits: 80

   Required: Yes

   ID

   Defines the unique identifier for the earned value reporting period.

   Limits: 16

   Required: Yes

   Description

   Defines the reporting period description.

   Active

   Indicates if this reporting period is active. When the reporting period is active, project managers can associate projects to it.

   Default: Selected

   Period Type

   Defines the period type. Once you select a period type, define the recurrence of the selected period.

   Values:

   Weekly, Monthly, Quarterly, Annually

   • Weekly

     Frequency. Defines the weekly interval and the day of the week when the period starts.

     Example: Define the recurrence as every two weeks by entering 2, or define it as twice a year by entering 26.

     Interval Values: 1 - 52

     Day of the Week Values: Sunday through Saturday

     Default: Weekly on Sundays starting this Sunday.

   • Monthly

     Frequency. Defines the monthly interval when the period starts. The recurrence can start on a specific day each month, or start at monthly intervals on a specific day of the week.

     Day Interval Values: 1 - 31

     Interval Values: First, Second, Third, Fourth, or Last

     Day of the Week Values: Sunday through Saturday

     Default: Monthly starting on the first day of the month.

   • Quarterly

     First Quarter Starts. Defines the month (January through December) when the first quarter starts.

     Frequency. Defines the quarterly interval for the period to start. The recurrence can start on a specific day of the month each quarter, or start at quarterly intervals on a specific day of the week.

     Day Interval Values: 1 - 31

     Interval Values: First, Second, Third, Fourth, or Last

     Day of the Week Values: Sunday through Saturday

     Default: Quarterly starting on January 1

   • Annually

     Every. Defines the month (January through December) when the period starts.

     Frequency. Defines the annual interval for the period to start. The recurrence can start on a specific day of the month each year, or start at annual intervals on a specific day of the week.

     Day Interval Values: 1 - 31

     Interval Values: First, Second, Third, Fourth, or Last

     Day of the Week Values: Sunday through Saturday

     Default: Annually starting on January 1

4. Save the changes.