Budget Results - Intergraph Smart Materials - Version 2020 (10.0) - Help - Hexagon PPM

Intergraph Smart Materials Classic Help (2020)

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Intergraph Smart Materials
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Smart Materials/Smart Reference Data Version
2020 (10.0)

The P.60.06 Budget Results screen shows the budget results/progress for the labor budgets of all planning groups. You can assign multiple planning items (planned requisitions and planned tagged items) to the same planning group on the P.60.01 Tagged Items Planning and P.60.03 Requisitions Planning screens and give each of them up to two budgets. If you also have defined budgets for the respective planning group itself (on P.10.64), a progress for all finished milestones (this is, milestones with a non-empty actual date) is calculated and displayed here.

The progress is illustrated by different figures which are described in more detail below. Most of the figures are based on calculating the degree of completion of the planning items associated with the respective planning group for either budget. Calculation is as follows: Each milestone has two weight factors (specified in P.10.62), one related to the first and another one related to the second budget. For each planning item associated with a planning group, the values of the respective weight factor are first summed up for all finished milestones. The result is then multiplied with the corresponding budget of that planning item and finally divided by 100. This yields one value per planning item describing the degree of completion with regards to the respective budget.

The planning group is displayed in the Group Code field, with its description in the Short Desc and Description fields.

The budgets assigned to the planning group are displayed in the Planning Group > Labor Budget 1 (2) fields.

The weighted sum for a labor budget is calculated as the sum of the corresponding degrees of completion of all planning items associated with the planning group.

Thus, the weighted sum for labor budget 1(2) results from the summarized degrees of completion with regards to labor budget 1(2) and displayed in the Weighted Sum > Labor Budget 1 (2) field.

The progress of a planning group with respect to either of its labor budgets is calculated as the quotient of the weighted sum for the respective labor budget and the respective labor budget defined for the planning group itself. The resulting value is then multiplied with 100 to obtain a percentage.

Thus, progress 1 (2) for a planning group results from dividing the weighted sum for labor budget 1 (2) by the first (second) labor budget of this planning group and multiplying the resulting value with 100. The progress (in %) for the budgets is displayed in the Planning Group > Progress 1 (2) field.

The Req/Tag Sum > Labor Budget 1 (2) value is calculated by summing up labor budget 1 (2) across all planning items associated with a planning group.