| # To use progress recording During project execution, you record the degree of completion of all or parts of the project. This progress information can form the basis for customer invoicing, or it can be just for cost control purposes. Two ways exist to evaluate progress: Physical progress. Time-related progress. Physical progress is the real or actual progress that you can determine with quantities completed. The progress can be seen by determining the work that is finished. For example, you want to build a road with a length of ten meters, one meter is finished, the progress is 10% or 1 meter. This progress type does not look at time, and is used for invoicing. You can invoice the production progress using one of the following methods: the BCWP, unit rate invoice method or progress invoice method. The link between an earned value method and progress is the following:
    Earned value method       Progress
    Milestone                 Milestone reached
    Start and end percent     Activity is finished
    Percentage completed      Progress by activity/cost type
    Level of effort           No progress BCWS = BCWP
    Apportioned               No progess, the progress is indirect through the
    linked activity.
For elements, activities, and extensions you can record progress on three levels: Element / activity / extensions. Element / activity / extensions by cost type. Element / activity / extensions by cost object or control code. This level depends on the choice in the project definition. Element If you define an element with the Element (tpptc1100s000) session, use the Phys. Progress check box to indicate whether or not you want to record progress for the element. If this check box is cleared, Project accumulates the progress data from the lower levels in the element structure and assigns it to the element. Extensions If you define an extension with the Extension (tpptc0110s000) session, use the Phys. Progress Registration field to indicate what kind of progress you want to record. Time-related progress is always an estimation of the progress. You can manually enter this estimate in the Percent Complete field in the Activities (tppss2100s000) session or through the external scheduling package. Time-related progress can be used for planning. You can calculate the BCWP and use it to trigger installments for invoicing, but you cannot invoice the progress except after generating physical progress with the Generate Physical Progress from Planning (tpppc1240m000) session. Invoicing data for activities can only be used on activities of the Work Package and Project Cost Account type. Related topics To use elements To use an element structure To use an earned value method |