This page gives overview information about budget and schedule. It contains the following narratives:
- Overall Cost Variance shows the amount that the Actual Value is over or under the Planned Value. A negative value indicates that that Actual Cost has exceeded the Planned Value. This is calculated as Earned Value Cost minus the Actual Cost.
- Early Stage Projects over Budget shows the percentage of early stage projects which are over budget. Early stage projects are those with a Performance Percent Complete less than 40. Over budget projects are those whose maximum activity total cost expressed as a percentage of baseline total cost is greater than zero.
- Early Stage Projects behind Schedule shows the percentage of early stage projects which are behind schedule. Early stage projects are those with a Performance Percent Complete less than 40. Behind schedule projects are those with a Schedule Performance Index less than 0.95.
- Resources overallocated shows the percentage of resources that are overallocated. This is calculated as the number of resources that are overallocated divided by the total number of resources. Resources are qualified as overallocated if their remaining units minus their unit limit is greater than 0.