What is the purpose of the Project Cost Based Percent Complete?
- This indicator provides an estimate about the project progress for projects where Material is an important component.
- This indicator is calculated as follows:
project actual cost / ( project actual cost + project cost to complete )
What is the purpose of the Project Cost Based Progress Gap?
- This indicator provides an estimate about the number of days the project is running ahead or behind schedule.
- This indicator is calculated based on the project planned dates, as well as the projected and actual progress observed for each project task.
What is the purpose of the Project Cost Based Progress Gap Percent?
- This indicator shows the project cost based progress gap expressed as a percentage of the number of days remaining to complete the project on schedule.
- This indicator provides an estimate about the risk of not completing the project on schedule, i.e. the lower the progress gap percent value, the higher the risk of not completing the project on schedule.
