The Earned Value Analysis (EV Analysis) is an industry standard for analyzing project performance, and it can be used to track:
- Progress to date
- Forecast completion date
- Forecast completion cost
- Schedule variances
- Budget variances
- Performance
As a feedback tool, the EV Analysis helps you to:
- Identify where the problems may occur and whether the problems are critical or not.
- Determine what needs to be done to put the project back on track.
The Earned Value Analysis node (Earned Value Manager > Earned Value Analysis) in Unifier is based on the project schedule data (activities and assignments) and company rates (resources and roles) imported from P6 through integration. The Earned Value Analysis node in Unifier:
- Optimizes the use of Unifier cost control features.
- Calculates earned value and other related measures for a project, such as planned value, actual cost, variances, performances indexes, and at completion values using rates defined in Unifier.
Note: Unifier EVM requires database partition tables in Oracle Database. The database partition feature is only available in Oracle Database Enterprise Edition and should be enabled with license.
Use the Earned Value Analysis Report node (Earned Value Manager > Earned Value Analysis Report) to generate ANSI Reports.