Rules for Calculating the Projected Final Amount (HA)

The system compares PC from the header account to the Threshold % Complete field on the Job Master Revisions form to determine the calculation for HA:

• If PC is less than the threshold, the system uses the RBLA as HA.

• If PC is greater than or equal to the threshold percent, and you force a projected final amount (FA), the system calculates HA using the formula RBLA + FA.

• If PC is greater than or equal to the threshold percent and you do not force a projected final amount, the system calculates HA based on a performance factor amount that it calculates using an earned value amount:

  • Earned value cost = PC (calculated from the header account) * revised budget labor cost (sum of RBLA for detail accounts).

    For example, if the task is earthwork, and the percent complete is 40, and the revised budget labor costs are 30,000, the earned value cost = 12,000.

  • Performance factor amount = actual labor costs (summarized) / earned value cost.

    For example, if the task is earthwork, and the actual labor costs (AA) = 11,500, and the earned value cost = 12,000, the performance factor amount = .9533.

  • HA = RBLA x performance factor amount.

    Using the values from the previous examples, HA = 30,000 (RBLA) * .9533 (performance factor amount) or 28,599.