Common Elements Used in This Section

Field or Control

Description

# of Req'd Conditions (number of required conditions)

Displays the number of conditions that must be met for the system to mark this milestone complete. Values are:

One: Any of the milestone's conditions have been met.

All: All of the milestone's conditions have been met.

Activity Status

Select for the milestone to which you will link. You must select an activity ID before you can select an activity status. It is possible that this activity ID might contain multiple instances of this activity status. Milestone processing keys off of the first instance of this status. This field is available if you have a milestone condition type of Milestone and a milestone source of Projects.

Warning! It is possible that an activity may pass through the designated activity status. During the course of a day, a project administrator may assign the activity ID the status that you selected to trigger the milestone, and then later that day assign the activity ID a different status. PeopleSoft Contracts considers the milestone met when the triggering status is saved, even if it is changed later.

Business Unit

Displays the PeopleSoft Contracts business unit.

Contract Classification

Select a contract classification when creating a new contract. This value cannot be changed on the contract. Values include: Standard, Internal, Government, and Federal Reimbursable Agreement.

Days Lag

Displays the number of days that the system should delay marking a condition complete after the milestone to which you are linking is complete. This field is available for milestones with a Milestone condition type.

Days lag might be helpful if you do not know when a key event will take place, but you do know that you need to enable processing for a specific number of days after the event occurs. Also, use the Days Lag field when you have a known date that needs to drive the processing of multiple transactions, but one or more of these transactions must be triggered at a known number of days after the key date occurs.

Milestone Condition Status or Condition Status

Indicates if a milestone condition was met. When you create a milestone condition, Ready appears by default as the condition status. Once the milestone condition is satisfied, the system updates the milestone condition status to Completed. For user initiated conditions, you manually set the Condition Status field to Completed when the condition is met on the Update Milestone page.

Note: The milestone condition status works in conjunction with the # of Req'd Conditions field on the Milestone page. If you selected a value of One for the # of Req'd Conditions field, after the milestone condition status of at least one milestone condition is set to Completed, the system sets the milestone status to Completed. If you select a value of All for the # of Req'd Conditions field, then the milestone condition status for all milestone conditions must be Completed before the system sets the milestone status to Completed.

Milestone Condition Type or Type

Displays the milestone condition type. Values include: Date, Milestone, User Initiated, and SQL.

Milestone Nbr (milestone number)

Displays a milestone number. Each time that a milestone template is added to a contract, the system assigns the milestone template a unique number. This enables you to create multiple contract milestones based on the same milestone template. This number has no bearing on the order in which the system processes milestones.

PC Business Unit (PeopleSoft Project Costing business unit)

Displays the PeopleSoft Project Costing business unit for the milestone to which you are linking. Necessary if you have a milestone condition type of Milestone and a milestone source of Projects.

Project or Activity ID

Displays the project ID or activity ID for the milestone to which you are linking. You must select a PeopleSoft Project Costing business unit before you can select a project ID or activity ID. Necessary if you have a milestone condition type of Milestone and a milestone source of Projects.

Note: Only activities designated in PeopleSoft Project Costing as milestone activities appear in the prompt list.