Projects - EcoSys - 4.11 - Help - Hexagon

EcoSys Projects Help (4.11)

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EcoSys
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EcoSys Standard Version
4.11

Projects

This section describes the EcoSys main menu navigation. The menu presentation follows a logical model for ease of use and follows a standard cost control process flow.

Projects

The EcoSys Projects menu contains a group of project related functionalities.

Project Setup

Project Setup is used to create projects, maintain project attributes, snapshot project data, and close projects. It is also used to maintain project specific workflow and approval settings.

Project Setup is also used to designate if a project should be time-phased.

Project Structure

Project Structure Setup is used to develop and maintain the Project Structure within EcoSys Projects. This includes the hierarchy of Project Structures as well as attributes. One key attribute is the designation of Cost Control Levels (CCL). 

For any given Project Structure with a CCL assignment, the following is allowable for that Project Structure:

  • Budget and Commitment costs can be assigned

  • Earned Value can be generated

  • Actuals costs can be assigned

  • Forecasted costs can be calculated

When a Project Structure is created, its path name, denoting the full hierarchy, is also created. A full Object Path ID is composed of the Project ID, any parent Object IDs, and ends with the ID of the Project Structure created. For example, PRJ-000004.7.1 is an example of a Project Structure whose ID is 1, whose parent is another Project Structure whose ID is 7, which in turn is a component of project PRJ-000004. These IDs are separated by a character called a Hierarchy Path Delimiter. This delimiter is established when the EcoSys system is created. Project and Project Structure names cannot include this delimiter as part of their name.

Alternate Structures

EcoSys Projects supports the creation of the following enterprise and/or project specific cost structures: Organization Breakdown Structure (OBS), Cost Breakdown Structure (CBS), and/or Alternate Breakdown Structure (ABS). The alternate structures functionality discussed here is used to develop and maintain project specific alternatives to the native project structure and/or the enterprise level alternate structures established within EcoSys Projects. This includes alternative hierarchies that can be used for rollup and reporting purposes. 

If project specific alternate structures are not established, established enterprise-wide values will be available for the project. Alternate structure values may be assigned in the Project Structure Setup screen and are limited to Project Structures with a Cost Control Level assignment.

Alternate structures can be hierarchical or non-hierarchical. A Path ID will be created for each level of the alternate structure.

Project Risks

Project Risks supports the creation and maintenance of project risks.

Portfolio Analysis

The Portfolio Analysis Dashboard displays all portfolios and data specific to projects in a given portfolio. Drilldown functionality provides additional detail.

Portfolios Menu_4.01