PIM = Hour-Based
EAC Method = Roll up from tasks/ subtasks
Task |
Pln Hrs |
Act Hrs |
% Complete |
---|---|---|---|
Task 1 |
5 hrs |
25 hrs |
20% |
Task 2 |
10 hrs |
25 hrs |
30% |
Task 3 |
15 hrs |
25 hrs |
40% |
Recalculate Finance
CPI for Task 1 = .04 calculated as follows:
CPI for Task 1 = IF Actual Hours > 0 THEN CPI = TotalBudgetedCostWorkPerformed/Actual Hours
ELSE CPI = 1
CPI for Task 1 = 1 / 25
CPI for Task 1 = .04
EAC for Task 1 = 125 hrs calculated as follows:
EAC for Task 1 = IF CPI <> 0 THEN EAC = Planned Hours/ CPI
ELSE
EAC = Planned Hours + Actual Hours
EAC for Task 1 = 5 / .04
EAC for Task 1 = 125 hrs
CPI / EAC for Tasks 2 and 3 are:
Task 2 = .12 / 83.33 hrs
Task 3 = .24 / 62.5 hrs
CPI for Project = .13 calculated as follows:
CPI for Project = IF Actual Hours > 0 THEN
CPI = TotalBudgetedCostWorkPerformed/Actual Hours
ELSE CPI = 1
CPI for Project = 10 / 75
CPI for Project = .13
EAC for Project = 270.83 hrs calculated as follows
EAC for Project = EAC Task 1 + EAC Task 2 + EAC Task 3
EAC for Project = 125 + 83.33 + 62.5
EAC for Project = 270.83 hrs
PIM = Hour-Based
EAC Method = Roll up from tasks/ subtasks
Create Project A with six tasks where Task 3 is the parent of Tasks 4 and 5 and Task 1 is the parent of Tasks 2 and 3 as shown below:
Task 1
Task 2
Task 3
Task 4
Task 5
Task 6
Assign Tasks 2, 4, 5, and 6 to User 1 whose cost/hr rate is $100.00.
Add planned/actual hours each task and % Complete according to the table below.
For Tasks 1 and 3, you are only adding actual hours.
Task |
Pln Hrs |
Act Hrs |
% Complete |
---|---|---|---|
Task 1 |
10 hrs |
||
Task 2 |
5 hrs |
10 hrs |
20% |
Task 3 |
10 Hrs |
||
Task 4 |
10 hrs |
10 hrs |
40% |
Task 5 |
15 hrs |
10 hrs |
50% |
Task 6 |
20 hrs |
10 hrs |
60% |
Add 50 hours directly to the project (More>Hours>Log Hours) so that there is $5,000.00 of actual labor cost recorded directly to the project.
Run Recalculate Finance
CPI for Task 2 = .1 calculated as follows:
CPI for Task 2 = IF Actual Hours > 0 THEN
CPI = TotalBudgetedCostWorkPerformed/Actual Hours
ELSE CPI = 1
CPI for Task 2 = 1 / 10
CPI for Task 2 = .1
EAC for Task 2 = 50 hrs calculated as follows:
EAC for Task 2 = IF CPI <> 0 THEN
EAC = Planned Hours / CPI
ELSE EAC = Planned Hours + Actual Hours
EAC for Task 2 = 5 / .1
EAC for Task 2 = 50 hrs
CPI / EAC for Task 4, Task 5, and Task 6:
Task 4 = .4 / 25 hrs
Task 5 = .75 / 20 hrs
Task 6 = 1.2 / 16.67 hrs
CPI for Task 3 = .38
CPI for Task 3 = IF Actual Hours > 0 THEN
CPI = TotalBudgetedCostWorkPerformed/Actual Hours
ELSE CPI = 1
CPI for Task 3 = 11.5 / 30
CPI for Task 3 = .38
EAC for Task 3 = EAC Task 4 + EAC Task 5
EAC for Task 3 = 25 + 20
EAC for Task 3 = 45 hrs
CPI for Task 1 = .25 calculated as follows:
CPI for Task 1 = IF Actual Hours > 0 THEN
CPI = TotalBudgetedCostWorkPerformed/Actual Hours
ELSE CPI = 1
CPI for Task 1 = 12.5 / 50
CPI for Task 1 = .25
EAC for Task 1 = EAC Task 2 + EAC Task 3
EAC for Task 1 = 50 + 45
EAC for Task 1 = 95 hrs
CPI for Project = .22 calculated as follows:
CPI for Project = IF Actual Hours > 0 THEN
CPI = TotalBudgetedCostWorkPerformed/Actual Hours
ELSE CPI = 1
CPI for Project = 24.5 / 110
CPI for Project = .22272
CPI for Project = .22
EAC for project = EAC Task 1 + EAC Task 6
EAC for project = 95 + 16.67
EAC for project = 111.67 hrs
PIM = Cost-Based
EAC Method = Roll up from tasks/ subtasks
Task |
Pln Hrs |
Pln Lbr Cost |
Act Hrs |
Act Lbr Cost |
% Complete |
---|---|---|---|---|---|
Task 1 |
5 hrs |
$500.00 |
25 hrs |
$2,500.00 |
20% |
Task 2 |
10 hrs |
$1,000.00 |
25 hrs |
$2,500.00 |
30% |
Task 3 |
15 hrs |
$1,500.00 |
25 hrs |
$2,500.00 |
40% |
Task |
Expense |
Planned Amount |
Actual Amount |
---|---|---|---|
Task 1 |
Task 1 Exp 1 |
$300.00 |
$400.00 |
Task 1 |
Task 1 Exp 2 |
$500.00 |
$0.00 |
Task 2 |
Task 2 Exp |
$200.00 |
$100.00 |
Task 3 |
Task 3 Exp |
$800.00 |
$700.00 |
Expense |
Planned Amount |
Actual Amount |
---|---|---|
Project Exp 1 |
$1,000.00 |
$1,500.00 |
Task 1 Exp 2 |
$2,500.00 |
$0.00 |
Task |
Not Incurred Planned Expense |
Incurred Planned Expense |
Incurred Actual Expense |
---|---|---|---|
Task 1 |
$500.00 |
$300.00 |
$400.00 |
Task 2 |
$0.00 |
$200.00 |
$100.00 |
Task 3 |
$0.00 |
$800.00 |
$700.00 |
Project |
$3,000.00 |
$2,300.00 |
$2,700.00 |
From Project Actions, run Recalculate Finance
CPI****for Task 1 = .14 calculated as follows:
CPI****for Task 1 = IF Actual Labor Cost + IncurredActualExpenseCost <> 0 THEN
CPI = (TotalBudgetedCostWorkPerformed + IncurredPlannedExpenseCost) / (ActualLaborCost + IncurredActualExpenseCost)
ELSE CPI = CPI_Labor
CPI****for Task 1 = (100+300) / (2500+400)
CPI****for Task 1 = 400 / 2900
CPI****for Task 1 = .14
EAC****for Task 1 = $13,400.00
CPI Labor****for Task 1 = IF Actual Labor Cost <> 0 THEN
CPI_Labor = TotalBudgetedCostWorkPerformed / Actual Labor Cost
ELSE CPI_Labor = 1
CPI Labor****for Task 1 = 100/2500
CPI Labor****for Task 1 = .04
EAC Labor****for Task 1 = IF CPI_Labor <> 0 THEN
EAC Labor = Planned Labor Cost / CPI_Labor
ELSE EAC Labor = Planned Labor Cost + Actual Labor Cost
EAC Labor****for Task 1 = 500.00/.04
EAC Labor****for Task 1 = $12,500.00
EAC Expense****for Task 1 = IncurredActualExpenseCost + NotIncurredPlannedExpense
EAC Expense****for Task 1 = $400.00 + $500.00
EAC Expense****for Task 1 = $900.00
EAC****for Task 1 = EAC Labor + EAC Expense
EAC****for Task 1 = $12,500.00 + $900.00
EAC****for Task 1 = $13,400.00
Here are the CPI / EAC values for Task 2 and Task 3:
Task 2 = .19 / $8,433.33
Task 3 = .44 / $6,950.00****
The CPI for the project = .32
CPI****for Project = IF Actual Labor Cost + IncurredActualExpenseCost <> 0 THEN
CPI = (TotalBudgetedCostWorkPerformed + IncurredPlannedExpenseCost)/(ActualLaborCost + IncurredActualExpenseCost)
ELSE CPI = CPI_Labor
CPI****for Project = (1000 + 2300) / (7500 + 2700)
CPI****for Project = 3300 / 10200
CPI****for Project = .32
EAC for the project is $28,783.33
EAC****for Project = EAC Task 1 + EAC Task 2 + EAC Task 3
EAC****for Project = $13,400.00 + $8,433.33 + $6,950.00
EAC****for Project = $28,783.33