Program Summary Cost Sheet Fields
Financial
Project Current Actuals
Total costs accrued on a project within a given time period.
The Actual Cost data for the project's life cycle is pulled from the P6 EPPM schedule.
Actual Cost data is only available when the application is connected with P6 EPPM and is not editable.
Project Current Budget
The total cost of the project budget, including all transfers and changes. This value is based on the base currency with specified exchange rate.
Project Current Commitments
The total cost of all approved commitments and approved change commitments on the project.
Project Current Contracts
The total cost for all current project contracts.
Project Earned Cost
The cost value used for the project's Earned Value Management, which allows project managers to quantify project progress and objectively measure the project's success.
General
Project CPI
The measure of a project's cost efficiency.
A value of less than 1 indicates the project is over budget, while a value greater than 1 indicates the project is under budget.
Hours
Project Actual Hours
The actual hours spent on the scope assignment. This tracks the VOWD (Value of Work Done).
Project Earned Hours
Calculated as Performance Percent Complete multiplied by BAC Hours.
Project HPI
Calculated as the total of Project Earned Hours divided by Project Actual Hours.
Last Published Wednesday, October 16, 2024