Earned Value Techniques
This release of Cora includes support for each of the listed EV Techniques. These techniques are aligned to the requirements within the Earned Value Management System Interpretation Guide (EVMSIG)
EV Technique List:
- 0/100
- 50/50
- XX/YY
- Apportioned Effort
- Incremental (Weighted) Milestone
- Level of Effort
- No Earned Value
- Percent Complete with QBD
- Percentage Complete
- PERT (Program Evaluation Review Technique)
- Units Complete
- Weighted Percent Complete (Duration)
EV Specific Columns in Gantt
The following EV specific columns are available in Gantt
- EV Technique (Read Only)
- EV % Complete (Editiable for a subset of EV Techniques)
- Budget at Completion (Read Only)
- Budgeted Cost of Work Scheduled (Read Only)
- Budgeted Cost of Work Performed (Read Only)
New Functionality for specific EV Techniques
- Units Complete EV Technique
When this is the selected EV Technique on a task only Materials can be added as Planned Resources
Changes in the Planned Resource Modal for this EV Technique.
Additional data points are required for this EV Technique and these are available. These are:
- Number of Units
- Units Completed
- Unit Price
- Weighted Percent Complete (Effort)EV Technique.
When this EV Technique is used EV% complete calculation is based on expressing Sum of planned hours up to current status date/Sum of Planned hours for the task.
Note: This task is only suitable for Tasks with Skills and Resources – it is not suitable for Materials or Facilities.
- Apportioned Effort EV Technique
This EV Technique has been updated to enable the selection of multiple tasks which the EV % complete calculation will be based on.
- Percent Complete with QBD EV Technique
When this EV Technique is used EV% Complete is populated based on the result of the Task Activity Group % Complete Calculation
EV Period Data
This Release introduces the EV Period Dataset. This is used to support and populate EAC Analysis, Variance Analysis and the EVM Widget.
The data is a view onto what has happened cumulatively, in the current period and what is expected to happen in future periods based on what is currently known
EV Period Data API
Endpoints have been added to enable retrieval of EV Period Data
The endpoints are under EVPeriodData and are named
Get /ControlAccounts
This requires a Project ID and an EV Period in the Format YYYYMM
The Response Body is a list of the Control Accounts for that project and period
Get /WorkPackages
This requires a Project ID and an EV Period in the Format YYYYMM
The Response Body is a list of the Work Packages for that project and period
Get /EVPeriodData
This This requires a Project ID and an EV Period in the Format YYYYMM.
Optional parameters are
TaskIds – System Id from Gantt
ControlAccounts – see Get ControlAccounts
WorkPackages – see Get WorkPackages
Response Body is in the format
{
"projectId": 84,
"description": "MF EV Period Data 6",
"tasks": [
{
"taskId": 18540,
"wbsNumber": "WBS6.123",
"taskType": "SUM",
"controlAccountManager": "25",
"period": 202504,
"name": "WBS6.123",
"evTechnique": "Percentage Complete",
"elementOfCosts": [
{
"eoc": 199,
"resourceType": "Skill",
"actualCostCurrentPeriod": 222,
"actualCostCum": 23888,
"actualHoursCurrentPeriod": 0,
"actualHoursCum": 0,
"earnedCostCurrentPeriod": 4687.16,
"earnedCostCum": 10007.72,
"earnedHoursCurrentPeriod": 300,
"earnedHoursCum": 700,
"budgetCostCurrentPeriod": 6587.36,
"budgetCostCum": 23309.12,
"budgetHoursCurrentPeriod": 1200,
"budgetHoursCum": 4800,
"forecastCost": 3547.04,
"forecastHours": 600
}
]
}
]
}
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article