Page 27 - Unanet GovCon: Managing Project Execution and Control - Participant Guide (ILT)

Forecast: People Assigner/Expense Budgeter Project: People Assignments/ Expense Budgets

LAYOUT SELECTION PROJECTS LAYOUT SELECTION PROJECTS

One or One or One or
Grid Many Many Grid Many One Project
People Projects People

One or One or
Many List Many
Expenses Expenses

Using Metric Reports to Assess Adjustments

Part of updating the forecast is to evaluate the results against the same metric
thresholds used to complete the project review. The table below outlines the key metric
reports to use in a periodic review, including which fields are relevant based on the
billing type of the project/task. The table is based on the use forecasted criteria, which is
the total sum of project actuals plus the remaining people assignments and/or expense
budgets. Unanet recommends using multiple browser tabs to view the People Assigner
or Expense Budgeter grid alongside the report output displaying the metric of interest.

Project Revenue & Funding Summary
Includes Actuals + Future Assignments/Budgets
Remaining Funded =
Cost Plus Fixed Price Time & Materials
Funded Value – [Actuals To Date +
Future Assignments/Budgets] Within corporate Depends on Exactly zero
thresholds Billing Schedule

Project Periodic Cost Summary & Status
Includes Actuals + Future Assignments/Budgets

Profitability = Cost Plus Fixed Price Time & Materials
Revenue
Revenue + Future Assignments/Budgets Contractually Within corporate Within corporate
defined
thresholds
thresholds

Demo 3.4 – Reforecasting a Project
Log in as Gus (glead/welcome) to reforecast solutions to the issues below.

Demo Highlights
• Reforecast a Cost Plus project to reflect an increased expense budget
• Reforecast a Fixed Price project that will need to replace a resource
• Utilize Project Notes to document the results of metrics reporting and
resulting decisions

LESSON 3: MONITORING AND CONTROLLING PROJECT PEFORMANCE
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