Project Processes
Use processes such as advancing the calendar, calculating earned value, and respreading budgeted costs to maintain and analyze your project data.
Cobra provides wizards for many of these processes. The wizards step you through a process, screen by screen.
Related Topics:
- Process Lock
Cobra creates a process lock when you run certain processes. Process locks control whether multiple users can perform the same processes simultaneously. - Advance Calendar
Advancing the calendar is very similar to the month-end closeout process in accounting. After all of your reports are completed and you are ready to start statusing the next month or week, you advance the calendar to the next reporting period. - Rolling Wave
The Rolling Wave process lets you budget monthly, then define a window (usually one month back and three months forward) in which the budget and forecast will automatically be expanded into weekly periods. - Calculate Progress
Calculate progress is a mean of calculating monetary value based on the progress entered so you can measure the project's health. - Forecasts
A forecast is an estimate of the final cost of the project, created at any given time during the course of the project. - Freeze Forecast
Use the Freeze Forecast utility to freeze a forecast and retain historical forecast data for the purpose of comparing actual costs to a forecast in the future. - Top Down Planning
The Top Down Planning utility is a tool for changing budgeted and forecast costs for selected groups of control accounts or work packages by factoring the hours to meet a total monetary amount. - Recalc
The Recalculate utility allows you to recalculate all costs without disturbing existing budget spreads. - Respread
The Respread utility lets you respread budget costs for an entire project at one time or to respread the budget of an individual code of the project. This is useful when the calendar has been changed. - Reclass
Use the Reclass feature to copy an existing class to a different class. Reclass is beneficial in the change control process to transform a proposed budget to an approved budget or to copy a budget to the forecast at the beginning of a project. - Replan
Cobra uses the Replan utility to remove variances from any ongoing projects. Typically, a project manager replans a project when the budget no longer reflects the work to be performed. - Slip
The Slip process lets you move an entire project or selected control accounts within a project to new dates. - Apportionment
Apportionment is used to create a budget, earned value, and a forecast for work that is based on other work. It has two features: apportionment mapping and apportionment calculation. - Audit Logging
Audit logging prompts you to enter comments and change numbers associated with any operation that affects the set baseline in Cobra. Tracking transactions with comments and change numbers provides you with a change control procedure for your projects. The information logged is also used in many standard Cobra reports. - Project Audit Logging
The project audit log serves as a change control mechanism by tracking budget transactions against project funding accounts. - Analyze
The Analyze utility lets you drill down through any code file assigned to the project, such as the work breakdown structure (WBS) or by control account. This view of project costs highlights variances that exceed the thresholds defined on the code file selected.
Parent Topic: Cobra 8.0 Help System