Calendar Definition

You define the weekly calendar that will be used for rolling the wave separately from the project.

The calendar contains a minimum of two calendar sets:
  • Calendar set 00 contains weekly periods covering the duration of the project. This set should be all weekly periods flagged with fixed flags and labeled.
  • Calendar set 01 contains the labeled and flagged periods that represent the base calendar (monthly calendar) dates defined in the calendar for the project. This set should match the labels and flags of the monthly calendar, so that only month-end dates are flagged.

    In addition, set 01 is compared between the two calendars to determine what the month end date is. If these periods are not labeled in the same way, Cobra cannot determine what the month end is.

The rolling wave process inserts the periods from the weekly calendar set 00 into the monthly calendar set 00. It uses the weekly set 01 to maintain the month end periods so that it knows when and how to expand and collapse during the rolling wave process.

Attention: You cannot share a rate file with projects that are not weekly because the FTE rates are updated in this process. For more information about, see the Calendar Sets help topic.

For IPMR and CSSR reports, Calendar Set 18 needs PREVIOUS flagged at the beginning of the month and TODATE flagged at the end of the month to get a monthly report.