Cost Sheet Fields
Project Cost Sheet
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 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
CBS Code Name
The name of the CBS code.
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.
Type
The category of the cost breakdown structure code.
Expense: Represents an expense.
Capital: Represents capital.
None: Type is not divided into expense or capital. None is selected by default if no other choice is made.
Hours
Project Actual Hours
The actual number of hours spent on the line item.
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.
Actuals
Financial
Confirmed Actuals
Actuals that have been confirmed.
Pending Actuals
The total of all actuals values with a status of Pending.
Commitments
Financial
Approved Commitment Changes
The total value of all approved commitment change orders.
Approved Commitment Potential Change Orders
The sum of all approved potential change orders for commitments.
Approved Commitments
The total cost of all approved commitments.
Approved Spends
Spends that have been submitted and approved by an authorized reviewer.
Estimated Commitment Changes
The sum of all estimates for commitments.
Pending Commitment Changes
The sum of all pending cost changes in the change records for the commitment.
Pending Commitment Potential Change Orders
The sum of all pending potential change orders for commitments.
Pending Commitments
The total cost of all pending commitments.
Pending Spends
Spends that have been submitted for review but not approved or rejected.
Project Current Commitments
The sum of the approved original commitments and the approved commitment changes.
Contracts
Financial
Approved Contract Changes
The total cost for all approved changes in contracts.
Approved Contract Potential Change Orders
The sum of all approved potential change orders for contracts.
Approved Contracts
The total cost for all approved contracts.
Approved Revenue
Revenue that has been submitted and approved by an authorized reviewer.
Estimated Contract Changes
The sum of all estimates for contracts.
Pending Contract Changes
The total cost for all pending changes in contracts.
Pending Contract Potential Change Orders
The sum of all pending potential change orders for contracts.
Pending Contracts
The total cost for all pending contracts.
Pending Revenue
Revenue that has been submitted for review but has not been approved or rejected.
Project Current Contracts
The total cost for all current project contracts.
Budget
Financial
Approved Budget Changes
Calculated as the sum of all approved manual budget changes in the change records for the project budget.
Approved Budget Transfers
Calculated as the sum of all approved manual budget transfers for the project.
Approved Current Budget
The total approved current manual budget of a project, calculated as the sum of Approved Original Manual Budget plus Approved Manual Budget Changes plus Approved Manual Budget Transfers.
Approved Original Budget
Calculated as the sum of all costs approved for the original manual budget.
Pending Budget Transfers
Calculated as the sum of all pending manual budget transfers for the project.
Pending Original Budget
Calculated as the sum of all costs pending for the original manual budget.
Risk
Financial
Actual Risk Response
The actual cost of responding to a risk.
Planned Risk Response
The estimated cost associated with implementing the response action.
Risk Closed Post-Response Exposure
The mean post-response probability of the risk multiplied by the mean post-response cost impact of the risk.
Risk Closed Pre-Response Exposure
The mean pre-response probability of the risk multiplied by the mean pre-response cost impact of the risk.
Risk Open Post-Response Exposure
The mean post-response probability of the risk multiplied by the mean post-response cost impact of the risk.
Risk Open Pre-Response Exposure
The mean pre-response probability of the risk multiplied by the mean pre-response cost impact of the risk.
Scope
Earned Value
Scope BAC Cost
The Revised Cost or At Completion Cost at the time the current baseline was set, depending on the selection for the Budget at Completion Method. The Revised Cost of the current project if no baseline is set.
Scope BAC Hours
The Revised Hours or At Completion Hours at the time the current baseline was set, depending on the selection for the Budget At Completion Method. The Revised Hours of the current project if no baseline is set.
This is the cumulative value for all objects in the project with the same CBS code.
Scope EAC Cost
Calculated as ETC Cost plus Actual Cost to Date.
Scope EAC Hours
Calculated as ETC Hours plus Actual Hours to Date.
This is the cumulative value for all objects in the project with the same CBS code.
Scope Earned Cost
Calculated as Performance Percent Complete multiplied by BAC Cost.
Scope Earned Hours
Calculated as Performance Percent Complete multiplied by BAC Hours.
This is the cumulative value for all objects in the project with the same CBS code.
Scope ETC Cost
The estimate of the cost needed to complete the work.
Calculated as BAC Cost minus Earned Cost.
Scope ETC Hours
The estimated number of hours needed to complete the work.
Calculated as BAC Hours minus Earned Hours.
Financial
Scope Actual Cost to Date
The actual costs incurred on the scope assignment. This tracks the VOWD (Value of Work Done).
Scope Adjusted Cost
The amount the scope assignment work that is not yet accounted for. For example, you might enter a value to represent pending change requests that are likely to be approved.
Scope Approved Change Cost
The sum of all approved cost changes in the change records for the scope assignment.
Scope At Completion Cost
The total cost at the completion of the scope assignment.
Calculated as Revised Cost plus Adjusted Cost.
Scope Baseline Cost
The Revised Cost at the time the current baseline was set.
Scope Installed Cost
The total cost incurred on the scope assignment as of the current date.
If Rate By is set to Hours, then Installed Cost equals Revised Cost Rate multiplied by Installed Hours.
If Rate By is set to Quantity, then Installed Cost equals Revised Cost Rate multiplied by Installed Quantity.
Scope Original Cost
The original cost of the scope assignment.
If Rate By is set to Hours, then Original Cost equals Original Hours multiplied by Original Cost Rate. If this value is entered manually, then Original Cost Rate is recalculated to equal Original Cost divided by Original Hours.
If Rate By is set to Quantity, then Original Cost equals Original Quantity multiplied by Original Cost Rate. If this value is entered manually, then Original Cost Rate is recalculated to equal Original Cost divided by Original Quantity.
Scope Pending Change Cost
Calculated as the sum of all pending cost changes in the change records for the scope assignment.
Scope Remaining Cost
The amount left to be spent.
If Rate By set to Hours, then Remaining Cost equals Remaining Hours multiplied by Revised Cost Rate.
If Rate By set to Quantity, then Remaining Cost equals Remaining Quantity multiplied by Revised Cost Rate.
Scope Revised Cost
The Original Cost before the baseline is set. After the baseline is set, Revised Cost equals Original Cost plus Approved Change Cost.
Hours
Scope Actual Hours to Date
The actual hours spent on the scope assignment. This tracks the VOWD (Value of Work Done).
This is the cumulative value for all objects in the project with the same CBS code.
Scope Adjusted Hours
The amount of scope assignment work that is not yet accounted for. For example, you might enter a value to represent pending change requests that are likely to be approved.
This is the cumulative value for all objects in the project with the same CBS code.
Scope Approved Change Hours
The sum of all approved change hours in the change and transfer records for the scope assignment.
This is the cumulative value for all objects in the project with the same CBS code.
Scope At Completion Hours
The total hours expected for the scope assignment.
Calculated as Revised Hours plus Adjusted Hours.
This is the cumulative value for all objects in the project with the same CBS code.
Scope Baseline Hours
The Revised Hours at the time the baseline was set.
This is the cumulative value for all objects in the project with the same CBS code.
Scope Installed Hours
Hours spent on the scope assignment.
Calculated as Installed Quantity multiplied by Revised Productivity Rate.
This is the cumulative value for all objects in the project with the same CBS code.
Scope Original Hours
The original expected hours needed to complete all the work required to install the material quantity on the scope assignment.
Calculated as Original Quantity multiplied by Original Productivity Rate.
Before the baseline is set, this field can be entered manually. A manual entry recalculates the Original Productivity Rate to equal Original Hours divided by Original Quantity.
This is the cumulative value for all objects in the project with the same CBS code.
Scope Pending Change Hours
Calculated as the sum of all pending hour changes in the change records for the scope assignment.
This is the cumulative value for all objects in the project with the same CBS code.
Scope Remaining Hours
The number of hours left for the scope assignment.
Calculated as Remaining Quantity multiplied by Revised Productivity Rate.
This is the cumulative value for all objects in the project with the same CBS code.
Scope Revised Hours
Original Hours before the baseline is set. After the baseline is set, Revised Hours is equal to Original Hours plus Approved Change Hours.
This is the cumulative value for all objects in the project with the same CBS code.
Last Published Wednesday, October 16, 2024