Note: Must be using Financial Summary for these fields to be meaningful. Must be member of Internal Cost Visibility team to view these fields.
Planview provides a set of out-of-the-box fields to use in conjunction with the financial summary to provide standard metrics based on a project's financials. The fields can be displayed on a project's Details and Additional Details sections, and can be included in reports.
The fields consider values from the project's financial summary as well as the project's % Complete method when performing calculations.
Note that the metrics take into account cost only - revenue is excluded. As a result all calculations use positive values, although the results can be negative.
The following is the list of fields and their definitions.
|PMI Metric Field||Definition|
|Actual Cost (AC)||Calculated as total Actuals up to the current date, based on financial summary structure rollup/representation|
|Budget at Completion (BAC)||The total project budget (based on financial summary structure rollup/representation)|
|Cost Performance Index (CPI)||Earned Value divided by Actual Cost, based on financial summary structure rollup/representation (a value less than 1 indicates that the project is over budget)|
|Cost Variance (CV)||Earned Value – Actual Cost, based on financial summary structure rollup/representation|
|Earned Value (EV)||The Budget at Completion (based on financial summary structure rollup/representation) multiplied by the % complete of the project|
|Estimate at Completion (ETC)||Calculated based on selected settings. See Setting Up ETC/EAC/NPV Calculations.|
|Estimate to Complete (EAC)||Calculated based on selected settings. See Setting Up ETC/EAC/NPV Calculations.|
|Net Present Value (NPV)||
The difference between the present value of cash inflows and the present value of cash outflows over a period of time given a discount rate.
|Planned Value (PV)||The total budgeted amount through the current date, based on financial summary structure rollup/representation|
|Return On Investment (ROI)||(Forecasted Total Revenue – Forecasted Total Cost)/Forecasted Total Cost, expressed as a % and based on the financial summary structure.|
|Schedule Performance Index (SPI)||Earned Value divided by Planned Value, based on financial summary structure rollup/representation (a value less than 1 indicates that the project is running behind schedule)|
|Schedule Variance (SV)||Earned Value – Planned Value, summary structure rollup/representation|
|To Complete Performance Index (TCPI)||(Budget at Completion – Earned Value)/(Budget at Completion – Actual Cost), based on financial summary structure rollup/representation|