Schedule Performance Index (SPI) = Earned Value Cost / Planned Value Cost. Cost Performance Index (CPI) = Earned Value Cost / Actual Cost. Variance at Completion (VAC) = Budget at Completion (BAC) – Estimate At Completion (EAC). Schedule Variance Index (SVI) = Schedule Variance (SV) / Planned Value Cost. Formulas used in Oracle PrimaveraAccounting Variance (AV) = Planned Value Cost – Actual Cost.Cost Variance (CV) = Earned Value Cost – Actual Cost.Schedule Variance (SV) = Earned Value Cost – Planned Value Cost.Cost Variance Index (CVI) = Cost Variance (CV) / Earned Value Cost. Select the cost account you want to assign, and then click the Select button. Click the Assign button, then click the Close button. Display Activity Details, then click the Resources tab. Select the activity to which you want to assign a resource. Assigning Resources and Cost Accounts to activities: Assigning resources to activities:- 1. Cost accounts are hierarchical, and they enable you to track activity costs and earned value according to your organization's specific cost account codes. Examples of expenses include materials, facilities, travel, overhead, and training.ĬOST ACCOUNTS You can create cost accounts and associate them with activity resource assignments or expenses in a project. They are typically one-time expenditures for non-reusable items. Prices can be set for a defined time periods to calculate the overall cost of the resources.ĮXPENSES Expenses are non-resource costs associated with a project and assigned to a project's activities.
Resource calendars can be assigned with time varying prices. Labor and non-labor resources are always time-based and material resources, such as consumable items, use a unit of measure. Three types of resources can be defined in primavera namely labor, material and non-labor resources.
RESOURCES Resources defined for a project can be added to the resource dictionary. Unit Price: This cost is calculated based on the price/unit defined in the resource dictionary.Expenses - lump sum costs (entered manually).Unit Price - calculated based on resource assignments.Costs are planned and managed in oracle primavera at the activity level.