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LESSON 3: EVALUATING PROJECT

PERFORMANCE

Learning Objectives

Monitor progress, evaluate project performance, and reforecast resource
allocation as necessary
• Configure system settings to ensure accurate revenue calculation for
project accounting reports
• Generate reports to assess project status and modify future resource
allocations as necessary

Introduction
In the project life cycle, the project monitoring and control phase happens in
tandem with the execution phase. This phase involves actively reviewing the
status of a project as it proceeds, evaluating potential obstacles, and
implementing necessary changes. During this phase, organizations need to
juggle several responsibilities, including keeping to the schedule, staying within
budget, avoiding scope creep, and managing risk.

Reports for Reforecasting Resource Allocation

MyCo’s Unanet system is configured to prevent users without the Cost Rate
Manager role from generating any project accounting reports. However, the
project team can analyze the performance of users’ actuals based upon either
plans or assignments and use that information to update future plans and
assignments. To ensure that they can view report results for their projects, the
project team members should modify their report criteria to set Report On to “All
People I can See”.

Tour 3.1 – Review Performance, Forecast, and Utilization
Reports
Log in as Gus Lead (glead/welcome), who has the Project Lead role
necessary to generate the following reports.

Tour Highlights

1. Generate the Project Periodic Performance report to view variances
2. Generate the Project Periodic Forecast report to view end state
3. Generate the Project Periodic Resource Allocation report to view
utilization

LESSON 3: EVALUATING PROJECT PERFORMANCE
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