You can use the new Earned Value by Project report to analyze the cost and schedule of projects in progress.
For example, this report can help you do the following:
Determine the accomplishment of planned work.
Determine if resources are performing behind or ahead of schedule.
Analyze cost performance within a budget.
With regular analysis, earned value assessment can help you head off performance problems. For example, if you see that costs are beginning to go over budget, you can make adjustments before costs are excessively overrun.
The Earned Value by Project report leverages Working with the Project Schedule for a cost-loaded schedule. Each task is scheduled over time and each task has labor resources associated with it. You can forecast expected cost outlay for the labor over time. By examining this total over time and looking at costs to-date while project is in process, you can calculate the costs and schedule variance.
This report is available only if you use Project Management.
This report displays the following for each project:
Total cost of planned labor for each project.
Total cost budgeted for completed labor.
Actual costs for completed labor.
SV – Schedule Variance
Planned Value — Earned Value
Scheduled Value / Earned Value * 100
CV – Cost Variance
Earned Value — Actual Cost
Cost Variance / Earned Value * 100
To view this report, go to Reports > Time & Billables & Earned Value by Project.
A message appears indicating that your report is loading. The status bar indicates the progress as your report loads. You can click Cancel Report to stop the report from loading.
If you use NetSuite OneWorld, you can choose the subsidiary data to be displayed in this report by selecting from the Subsidiary Context dropdown in the results page footer. See Subsidiary Context for Reports.
This report does not support reporting by period even when the Report by Period preference is set to All Reports. The Report by Period preference can be configured at Home > Set Preferences, the Analytics subtab.