Define the Description Properties

Use the Description tab on the Project Properties dialog to enter or edit project administrative details.

Follow these steps:

1. Click Project Properties in the application menu.
2. Complete the fields in the Description tab. The following fields require explanation:

   Department

   Defines the department responsible for the project.

   Budget

   Defines the project estimated budgeted amount.

   Description

   Defines the project description.

   % Complete Calculation Method

   Specifies the method for calculating the % Complete value for the project and the associated tasks.

   Values:

   • Manual. Use this method if you want to enter the % Complete value for the project and for tasks at any level in the WBS manually.
   • Duration. Use this method if you track % Complete for the project and for summary tasks based on duration. Completed Duration is the percentage of the task duration that is considered to be complete. Completed Duration for a summary task is the sum of (% Complete * Duration) for all descendant detail tasks. Total Duration is the sum of the duration for all descendant detail tasks. You manually enter the percent complete value for detail tasks. The % Complete is automatically calculated based on the following formula:

     % Complete = Completed Duration / Total Duration
     

   • Effort. Use this method to calculate the % Complete for all tasks automatically. Labor Actuals is the sum of all actuals posted for labor resources. Labor Estimates is the sum of all ETC for these resources. The % Complete is automatically calculated based on the following formula:

     % Complete = Labor Actuals / (Labor Estimates + Labor Actuals).
     

3. Click OK.

More information:

How to Update the Project Data

Percent Complete Indices