It can be nearly impossible to build annual budgets that consider forecasted project and program work plans along with detailed cost data. Even more challenging is attempting to reconcile actual program costs with actual schedule performance. Oracle’s Primavera Earned Value Management is a comprehensive solution that integrates detailed cost information with the program schedule by aligning and combining project performance data from cost systems, adding complex burdening rates, and tracking committed costs.
- Calculate project costs using the direct and indirect costs per resource.
- Determine if a project is ahead of schedule, behind schedule, over budget, or under budget by analyzing the earned value KPIs.
- Track the variances between what was budgeted and how the project is being executed.