Project finances fields

Last update: December 12, 2024

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Keeping track of project finances is critical to managing your projects.

As the project manager, you can manually update some financial fields. Other financial data is calculated automatically by Adobe Workfront.

You can track your finances with a number of fields that capture budget, cost, and revenue in Workfront.

For more information, also see the following articles:

How Workfront calculates finances

You can keep track of financial fields at the project and task level in Workfront. You can keep track of limited financial fields for issues.

The following table shows some of the finances that you can keep track of in Workfront and for which object:

Financial FieldField DescriptionTaskProjectIssue
TimeFor information about recording time on a project, see Log time.✔✔✔
CostsFor information about tracking costs, see Track costs.✔✔✔
Budget

For information about budgeting a project, see Manage information in the project Finance area.

For information about budgeting resources for a project, see Budget resources in the Business Case.

✔
Billing RecordsFor information about creating billing records, see Create billing records.✔
RevenueFor information about billing and revenue, see Overview of Billing and Revenue.✔✔
ExpensesFor information about managing expenses, see Manage project expenses.✔✔
Billing Rates

You can establish Billing Rates for users or job roles.

For information about associating users with billing rates, see Edit a user's profile.

For information about associating job roles with billing rates, see Create and manage job roles.

Billing Rates calculate the Revenue of your projects and tasks. You can override role billing rates for a project or for a company.

For information about overriding billing rates on projects, see Overview of overriding Job Role Billing Rates and calculating Revenue on a project.

For information about overriding billing rates for companies, see Override Project-Level Billing Rates with Company-Level Billing Rates.

✔✔
Return on Investment (ROI)For information about calculating ROI, see Calculate Return On Investment (ROI).✔
Risk to Net ValueFor information about calculating risk to net value, see Calculate the Risk to Net Value in a portfolio.✔
Performance Metrics

Performance metrics show how your projects or tasks are performing at a given time. Performance metrics are automatic calculations performed by Workfront for tasks and projects. The performance metrics that you can calculate in Workfront are listed in the following rows. The calculations of the performance metrics vary depending on what type of Performance Index Method you are using.

For more information about selecting which PIM to use for your system, see Set the Performance Index Method (PIM).

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Estimate at Completion (EAC)For information about calculating EAC, see Calculate Estimate At Completion (EAC).✔✔
Schedule Performance Index (SPI)For information about calculating SPI, see Calculate Schedule Performance Index (SPI).✔✔
Cost Performance Index (CPI)For information about calculating CPI, see Calculate Cost Performance Index (CPI).✔✔
Cost Schedule Performance Index (CSI)For information about calculating CSI, see Calculate Cost Performance Index (CPI).✔✔
Budgeted Cost of Work Scheduled (BCWS)A performance metric. For information about calculating BCWS, see Calculate Budgeted Cost of Work Scheduled (BCWS).✔✔
Budgeted Cost of Work Performed (BCWP)A performance metric. For information about calculating BCWP, see Calculate Budgeted Cost of Work Performed (BCWP).✔✔
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