Page 21 - Participant Guide - Unanet GovCon Analyzing Project Metrics

- FUNDED VALUE: represents the funded
value field from the project > accounting tab
or the cumulative task funded values

- REMAINING FUNDED: calculation of FUNDED VALUE minus TO DATE. It
shows if the revenue in the report is over or under the funded value based on the
project or tasks (determined by the reporting options criteria).
o A positive value indicates the funding is higher than the revenue in the
report, which may suggest there are funds available on the project what
will be unbillable/unused unless action is taken to consume the funding.
o A negative number (red with parenthesis) indicates the funding is less
than the revenue in the report. This suggests that the project is subject to
running ‘at risk’ or ‘out of funds’ if the current course continues without
programmatic changes.

Remaining Funded is a critical metric to analyze during any phase of the
project lifecycle. This field quickly identifies a risk of running out of funds or
possibly a missed opportunity to generate more revenue.

In the example above, the Budgeted Value is much larger than the Funded Value. This
is a typical configuration for projects that have not received all of the funding for the
contract. This is called incremental funding and can be easily seen on this report.

Lesson 3: Revenue and Profitability Reports
©2020 Unanet. All rights reserved. 20