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compares performance of projects against baselines |
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The baseline variance report compares performance of projects against baselines. By establishing a budget baseline Projector gives you the ability to establish a budget at the start of a project or at various points in time after a project is underway, such as after a major replan. This baseline can then be compared to actual or projected data. |
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Questions this report can answer
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Are my projects on time and within budget? |
At what point did my project diverge from its budget? |
Is there an individual or a task responsible for a project going over budget? |
Permissions and Settings
The baseline variance report requires the cost center permission Run Baseline Variance Report.
To view data based upon RDC requires the global permission Resource Direct Cost (RDC) Data set to View.
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Your installation may include the following prebuilt reports.
Report | Description |
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Baseline Variance Report | Looks at scheduled versus actual hours, revenue, and costs for a historical time period and can help managers understand how accurate projections were or the reasons for shortfalls or overruns |
FAQ
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If your organization has a need to standardize your budgets so that you can do a consistent end-of-year analysis of your performance, then you should look into setting the default budget type for your engagements. You will then need to manage your PM's to ensure they create their budgets and do not change the active budget baseline type. |
Question | Solution |
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My report is using hours as the baseline, but I want to see revenue (or some other baseline type). | Hours, revenue, and other data points are called metrics. Projector can bring different metrics into a baseline variance report, but they first need to be defined on the project. Start by visiting the Project Budget Tab and viewing what the current baselines and metrics available are. If the one you want is not there, create a new baseline that includes it. Note whether your metric is the primary and whether it is on the active baseline. |
I see infinity symbols in my budget, budget variance and budget remaining fields | A baseline budget amount has been left blank. A blank has no meaning, and so Projector cannot calculate a real number. We don't just show 'zero', because zero has real meaning in regards to a budget. The infinity symbol shows that something is amiss.
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