| Metric |
Formula |
Comments |
| Actual billable expenses |
Actual billable expenses |
Actual expenses marked as billable |
| Actual billing |
Actual labor billing + Actual billable expenses |
Total actual billing amount, including labor and expenses |
|
Actual cost |
Actual labor cost + Actual expenses |
Total actual costs, including labor and expenses |
| Actual labor billing |
∑(Billable time log x Resource billing rate) |
Total of billable time entries times resource's billing hourly rate |
|
Actual labor cost |
∑(Billable time log x Resource internal rate) |
Total of billable time entries times resource's internal hourly rate |
| Actual non-billable expenses |
Actual non-billable expenses |
Actual expenses marked as non-billable |
| Billable |
Actual billable labor + Actual billable expenses
|
The total actual billable under the project |
| Billable expenses of project/parent activity |
∑(ETC Billable expenses of child activities) |
|
| Budget variance |
Total budget - EAC cost |
Difference between total budget and estimate-at-completion cost |
|
EAC billable |
ETC billable + Actual billable |
An estimate-at-completion of the billable amount |
| EAC billable expenses |
ETC billable expenses + Actual billable expenses |
An estimate-at-completion of billable expenses |
| EAC cost |
Actual cost + ETC cost |
An estimate-at-completion of costs |
| EAC expenses |
ETC expenses + Actual expenses |
An estimate-at-completion of expenses |
| EAC labor billable |
Actual labor billable + ETC labor billable |
An estimate-at-completion of labor billable |
| EAC labor cost |
Actual labor cost + ETC labor cost |
An estimate-at-completion of labor cost |
| EAC non-billable expenses |
Actual non-billable expenses + ETC non-billable expenses |
An estimate-at-completion of non-billable expenses |
| ETC billable |
ETC billable labor + ETC billable expenses
|
The sum of the ETC labor billable amount and ETС billable expenses |
| ETC billable expenses |
Planned billable expenses - Actual billable expenses |
An estimate-to-complete of billable expenses |
| ETC billing |
ETC billable labor + ETC billable expenses |
An estimate-to-complete of the billing amount |
| ETC cost |
ETC labor cost + ETC expenses |
An estimate-to-complete of costs, including labor and expenses |
| ETC expenses |
Planned expenses - Actual expenses |
An estimate-to-complete of expenses |
| ETC expenses of project/parent activity |
∑(ETC expenses of child activities) |
|
| ETC billable labor |
1) Hours left * Hourly rate [Customer rate] [Project rate]
2) Hours left * Avg Rate card [Avg billing hourly rate] [Avg personal rate] |
An estimate-to-complete of labor-related billing. |
|
ETC labor cost |
∑(Internal hourly rate * Personal hours left) |
An estimate-to-complete of labor cost |
| ETC non-billable expenses |
ETC expenses - ETC billable expenses, 0 if difference < 0 |
An estimate-to-complete of non-billable expenses/difference between total expenses and billable ones |
| Expected profit |
EAC billable - EAC cost |
|
| Expected profit, % |
Expected profit / EAC billable * 100% |
|
| Invoiced |
Invoiced labor + Invoiced expenses |
The total amount marked as invoiced |
| Invoiced labor |
∑(Invoiced time log x Resource billing rate) + ∑(Invoiced flat fee activities) |
Total of invoiced time entries times resource's billing hourly rate (Total labor invoiced) plus the sum of invoiced flat fee activities. |
| Invoiced, % |
Invoiced / EAC billable * 100% |
invoiced amount as a percentage of EAC billable |
| Non-billable expenses |
ETC expenses - ETC billable expenses |
|
|
Profit |
Actual billable - Actual cost |
Profit as an absolute value |
| Profit, % |
Profit / Actual billable * 100% |
Profit as a percentage of actual billable |
| Remaining budget |
Budget - Actual cost |
|
| Revenue variance |
Target revenue1) - EAC revenue |
The difference between target revenue and estimate-at-completion revenue |
|
1)
The target value of revenue to be yielded at the completion of the project
|
