Projects Metrics Report

From the Monitor Process, you can access the Projects Metrics report. This report includes the following project metrics.

Metric	Description
Cost Variance	Budgeted Cost of Work Performed - Actual Cost of Work Performed
Schedule Variance	Budgeted Cost of Work Performed - Budgeted Cost for Work Scheduled
Budget Remaining	Total Budget - Actual Cost of Work Performed
Budgeted Cost of Work Remaining	Total Budget - Budgeted Cost of Work Performed
Cost Performance Index	Budgeted Cost of Work Performed/Actual Cost of Work Performed; >1 indicates costs are under budget; <1 indicates costs are over budget
Schedule Performance Index	Budgeted Cost of Work Performed/Budgeted Cost for Work Scheduled; >1 indicates ahead of schedule; <1 indicates behind schedule
% Complete by Budget	100 * (Budgeted Cost of Work Performed/Total Budget)
% Budget Spent	100 * (Actual Cost of Work Performed/Total Budget)
Owner Changes	Total actual costs for all change order actions initiated by the owner.
Vendor Changes	Total actual costs for all change order actions initiated by the vendor.

Calculations

The following table shows the calculations used for the above metrics. The calculations use design and actual costs entered for action items.

You enter design costs for action items during the planning or design phase. See Estimate Design Costs.
You enter actual costs for action items during the project's execution phase. See Updating Actions.

Metric	Calculation
Budgeted Cost of Work Performed	Sum of (activity_log.cost_est_design_cap + activity_log.cost_est_design_exp) for all activity_log records in this project where the status is Completed/-Verified/Closed.
Actual Cost of Work Performed	Sum of (activity_log.cost_act_cap + activity_log.cost_actual ) for all activity_log records in this project where the status is Completed/-Verified/Closed
Budgeted Cost for Work Scheduled	Sum of (activity_log.cost_est_design_cap + activity_log.cost_est_design_exp) for all activity_log records in this project where the status is Planned/Scheduled/In Progress.
Total Budget	Sum of (activity_log.cost_est_design_cap + activity_log.cost_est_design_exp) for all activity_log records in this project
Total actual costs for all change order actions initiated by the owner	Sum of (activity_log.cost_act_cap + activity_log.cost_actual) for all activity_log records in this project where the activity_type is “CHANGE ORDER” and the request type is “Owner”
Total actual costs for all change order actions initiated by the vendor	Sum of (activity_log.cost_act_cap + activity_log.cost_actual) for all activity_log records in this project where the activity_type is “CHANGE ORDER” and the request type is “Vendor”