| # Milestones (tppss2101m000) Use this session to maintain milestones. A milestone is an activity with a leading period of zero. Related topics To use an earned value method Project The project code and description. Project The current project's status. Plan The code and description of the plan. Milestone An activity of zero days that usually represents a significant event in the project. In many cases the completion of a phase of major deliverable. Milestones can be used for the moment of invoicing and the calculation of earned value. Milestone Details Description The milestone description. Search Key An alternative form of a description used for convenience during searching. Typically, it is an abbreviation, an acronym, or a mnemonic alternative to a full description. Linked Activity If the EVM of an activity is defined as Milestone, the milestone must in turn be linked to the activity. This lets you define the exact moment at which the specific earned budget-amount is released. Customized Item The customized item (from the PCS project) linked to the milestone. The link makes it possible to detect the completion of any given manufactured item (in the bill of material) in your project scheduling. Scheduling Information Scheduled date The date and time at which the milestone is scheduled. You can enter it manually or it can be saved from a particular schedule in the external scheduling package. Related topics Entering a date Entering a time Milestone reached If this check box is selected, the milestone has been reached. You can define the milestone as completed, in the following ways: Manually in this session From the progress entered in the external scheduling package If the milestone is linked to a customized item, and you have run the Check Customized Item Completed (tppss2203m000) session to find that the customized item is completed. Actual Date The date and time at which the milestone is reached. You can enter it manually or it can be saved from a particular schedule in the external scheduling package. Related topics Entering a date Entering a time Revenue Information Extension The specific agreements within or in addition to the initial contract. An extension falls outside the initial contract with the sold-to business partner. Extensions can be assigned to the bottom-up budget. LN distinguishes four extension types: Scope Change Provisional Amount Fluctuation Settlement Quantities to be Settled Currency The currency of the milestone amount. Note This field is enabled only when the linked extension or the project has the Revenue Recognition field set to Milestones in the Project (tppdm6100m000) and Extension (tpptc0110s000) session. Related topics Revenue Recognition (RR) and Cost of Goods Sold (COGS) Milestone Amount The amount linked to the milestone. This amount is considered when calculating revenue recognition. For more details refer to, Milestone Method. Note This field is enabled only when the linked extension or the project has the Revenue Recognition field set to Milestones in the Project (tppdm6100m000) and Extension (tpptc0110s000) session. Currency The home currency. Note This field is enabled only when the linked extension or the project has the Revenue Recognition field set to Milestones in the Project (tppdm6100m000) and Extension (tpptc0110s000) session. Milestone Amount The amount in home currency. Note This field is enabled only when the linked extension or the project has the Revenue Recognition field set to Milestones in the Project (tppdm6100m000) and Extension (tpptc0110s000) session. Text If this check box is selected, a text is present. Print Milestones Starts the Print Milestones (tppss2402m000) session. Show All Displays all the milestones, regardless of their statuses. Copy from Standard Activities Starts the Copy from Standard Activities (tppss2202m000) session. Baselines Starts the Baselines (tppss0520m000) session. Create/Update Baseline Starts the Create/Update Baseline (tppss2220m000) session. Check Customized Item Completed Starts the Check Customized Item Completed (tppss2203m000) session. |