Reconcile Labor Variance by PLC

Use the Budgeting and Planning reports to reconcile data on the Labor Variance by PLC report.

These reports include the following:

• Project Status Report

• Hours Breakdown Report

To reconcile the Costpoint Enterprise Reporting Labor Variance by PLC report with Budgeting and Planning:

1. Run the Labor Variance by PLC report in Costpoint Enterprise Reporting.
2. Run the Project Status report in Budgeting and Planning (Project > Supplemental Reports).
3. Compare the following:

   Costpoint Enterprise Report	Budgeting and Planning Report
   Current Period Actual Hours	Current Period Labor Hours
   YTD Actual Hours	Fiscal Yr to Date Labor Hours

4. Run the Hours Breakdown report in Budgeting and Planning (Project > Budget Development).
5. Select Latest EAC.
6. Click All Periods.
7. Compare the following:

   Costpoint Enterprise Report	Budgeting and Planning Report
   Total for Current Period Budget Hours column	Total labor (employee labor) from the current period column. (Do not include subcontractor or consultant hours.)
   Total for YTD Budget Hours column	Total labor (employee labor) from adding the monthly columns that should be included in YTD. (Do not include subcontractor or consultant hours.)

   Note: Current Period, YTD Variance, and Variance % columns in the Labor Variance by PLC report are calculations that can be independently verified.