Overview
The percent complete is a “best guess” value of completion of a particular phase at a specific moment in time. While calculating this value has been the subject of many books, in InFocus, you simply enter the determined result in the new “Percent Complete History” screen.
Key Concepts
• | If you enter the budget through the Resource Schedule, you will need to save the baseline to use the values in the Earned Value Screen. Once you have entered both your budget and entered a percent complete history, you can use the new menu option to bring up the EVM screen. More on the Earned Value |
Field Descriptions
Header
• | Project - The window displays the project path of the selected row in the Project window. |
Values Tab
• | Date - Date the Percent Complete is recognized. |
• | Percent Complete (Labor %, ODC %, OCC %, ICC %) – This percent complete is then multiplied by the amount budgeted for the respective phase to the same moment in time. For example, if you had a 10 week project that was budgeted at $100,000.00 spread evenly at $10,000.00 per week, and you entered 60% complete at 6 weeks through, your Earned Value would be $60,000.00, and you would be considered “on time”. |
Chart Tab
Description - The Chart is a visual representation of the Percent Complete History values.
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