Indices Report

This allows you to display either Costs Indices or Revenues Indices

Graph to display: Variance Indices, Performance Indices, Estimate At Completion Indices or All three graphs tiled side-by-side

This allows you to break down the information by week, 2 weeks, 4 weeks, Quarter, Calendar Year, or Fiscal Year. Total means no breakdown will occur; all issues for the selected period will be included in a single section. Note that report start date "day" will be the periods starting day. This means if your report start date is a Tuesday and the frequency is Weekly the report will display weekly expenses from Tuesday to next Monday. 

Cost Variance

This index (CV) determines if the project is under or over the budget. 
It is computed by subtracting the Actual Cost or Actual Revenue (AC) from the Earned Value(EV).
A negative value indicates that the project is over budget.

Ex: at the end of the fourth week the AC is 11,000.00$ and the EV is 8,000.00$ then the CV will be 3,000.00$ at the end of this period

Schedule Variance

This index (SV) determines whether the project is ahead of or behind schedule. 
It is computed by subtracting the Planned Cost or Planned Revenue (PV) to date from the Earned Value(EV) to date. 
A negative value indicates that the project is behind schedule. 

Ex: at the end of the fourth week the PV is 10,000.00$ and the EV is 8,000.00$ then the SV will be 2,000.00$ at the end of this period

Variance At Completion

This index (VAC) determines whether the project will finish under or over planned cost or planned revenue. The Amount shown is the difference between the total planned cost or planned revenue and the Estimate at Completion
It is computed by subtracting the Estimate at Completion (EAC)from the Budget at Completion or Planned Revenue at Completion(BAC). 
A negative value indicates how much more resources will need to be injected to achieve the project goal.

Ex: at the end of the fourth week the EAC is 250,000.00$ and the BAC is 200,000.00$ then the VAC will be 50,000.00$

Tolerance

The tolerance you have selected in your folio configuration

Inline help

Cost Performance Index

This index (CPI) determines how efficiently the staff members are using the resources.
It is computed by dividing the Earned Value by the Actual Cost or Actual Revenue.
A value lower than one indicates a loss of efficiency.

Schedule Performance Index

This index (SPI) determines how efficiently the project staff members are using their time. 
It is computed by dividing the Earned Value by the Planned Value to date. 
A value lower than one indicates a loss of efficiency.

To-Complete Performance Index

This index (TCPI) determines the efficiency that must be achieved on the remaining work for a project to meet the Budget at Completion.
It is computed by dividing the work remaining (BAC - EV to date) by the budget remaining (BAC - AC to date).
A value greater than one indicates that the performance must improve.

Tolerance

The tolerance you have selected in your folio configuration

Inline help

Estimate At Completion

This method assumes what the project has experienced to date can be expected to continue in the future.

Estimate At Completion Based on budget

This method accepts the actual project performance to date and predicts that all future ETC(Estimate to Complete) work will be accomplished at the budgeted rate.

Estimate At Completion Based on cpi and spi indices

This method assumes that the ETC work will be performed at an efficiency rate that considers both the cost and schedule performance indices.

Budget at Completion

Tolerance

The tolerance you have selected in your folio configuration

Inline help

Display a printable version of the report

Export report to Excel

Bring you back to Reports List
Note that you can also use the keyboard "esc" key