PMA Episode 2 How to create Fixed Price Complete % project in D365 Finance and Operations?

Описание к видео PMA Episode 2 How to create Fixed Price Complete % project in D365 Finance and Operations?

To calculate the Fixed Price Complete % in Dynamics 365 Finance and Operations (D365FO), you can use the following formula:

Fixed Price Complete % = (Actual Cost + Earned Value) / Estimated Total Cost

This formula takes into account the actual cost incurred, the earned value (the value of work completed), and the estimated total cost of the project.

Here's a breakdown of each component:

Actual Cost: This is the total cost that has been spent on the project up to the current point.
Earned Value: This is the value of the work that has been completed, based on the project schedule and budget. It is calculated by multiplying the percentage of work completed by the planned value of that work.
Estimated Total Cost: This is the total cost that is estimated to be incurred to complete the project.
To calculate the Fixed Price Complete % in D365FO, you can use the following steps:

Gather the necessary data: Collect the actual cost, earned value, and estimated total cost for the project.
Apply the formula: Use the formula above to calculate the Fixed Price Complete %.
Interpret the result: The Fixed Price Complete % will indicate the percentage of the project that has been completed based on the actual cost incurred and the earned value. A value of 100% means that the project is complete.
Note: The Fixed Price Complete % is a metric that is used to track the progress of a fixed-price project. It is important to note that this metric does not take into account the actual time that has been spent on the project. If the project is taking longer than expected, but the Fixed Price Complete % is high, it may indicate that the project is over budget.

Additional considerations:

Cost variance: The cost variance is the difference between the actual cost and the planned cost. A positive cost variance indicates that the project is over budget, while a negative cost variance indicates that the project is under budget.
Schedule variance: The schedule variance is the difference between the earned value and the planned value. A positive schedule variance indicates that the project is ahead of schedule, while a negative schedule variance indicates that the project is behind schedule.  
By tracking both the Fixed Price Complete % and the cost and schedule variances, you can get a complete picture of the progress of your fixed-price project.

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