Project Hit Rate Options Tab

Use the options tab to choose the reporting currency and set the hit rate calculations.

Reporting Amounts

This section is available if you are using multiple currencies.

Field	Description
Report In	Select the currency in which to display amounts on the report: Project Currency: Choose this option to use the currency specified in Project Currency on the Overview tab of the Projects form in the Projects hub. Billing Currency: Choose this option to use the currency specified in Billing Currency on the Overview tab of the Projects form in the Projects hub. Presentation Currency: Choose this option to translate all values into the single currency that you specify for the Presentation Currency option.
Presentation Currency	If you set Report In to Presentation Currency, select the currency in which to display amounts on the report. The list includes only the currencies that are enabled for your enterprise. All amounts on the report are presented in this currency. Vantagepoint calculates the exchanges between the project currency and the presentation currency based on the date that you specify in Exchange Rate as of.
Exchange Rate as of	If you set Report in to Presentation Currency, specify the date that Vantagepoint uses to calculate exchanges between the presentation currency that you select and the project currency. Vantagepoint determines the correct exchange rates in the daily exchange rate table based on this date.

Hit Rate Calculation Options

Field	Description
Stage to Include in Hit Rate Calculation	Only the projects in the stages that you select in this field are included in the hit rate calculation and the detail for the report. For example, if you select Won and Lost, only won and lost projects are included in the hit rate calculation and in the detail. Select one or more stages on the lookup. You specify the current stage for a project in the Projects hub.
Calculate % of Project With Stages	Select the stages to include for a grouping level's hit rate calculation. For example, if you select to group by organization and Won in this field, then the report includes the percentage of projects won for each organization.
Calculate % By	Select the type of value for calculating hit rates for a group. The calculation for all value types are multiplied by 100 to display the hit rate as a percentage. The options are: Project Count: The hit rate calculation is based on the number of projects for a group that falls between the dates that you entered in Date Range. From that group of projects, the hit rate is calculated as: (Number of projects for a group that are assigned the stage that you entered in Calculate % of Project With Stages / Number of projects that are assigned the stages that you entered in Stages to Include in Hit Rate Calculation) x 100. Weighted Fee: The hit rate calculation is based on the weighted fee for projects for a group that falls between the dates that you entered in Date Range. From that group of projects, the hit rate is calculated as: (Weighted fee for projects for a group, which are assigned the stage that you entered in Calculate % of Project With Stages / Weighted fee for projects that are assigned the stages that you entered in Stages to Include in Hit Rate Calculation) x 100. Estimated Fee: The hit rate calculation is based on the estimated revenue for projects for a group that falls between the dates that you entered in Date Range. From that group of projects, the hit rate is calculated as: (Estimated fee for projects for a group that are assigned the stage that you entered in Calculate % of Project With Stages / Estimated fee for projects that are assigned the stages that you entered in Hit Rate Calculation Options) x 100.
Date Field Used in Calculation	Select the date (such as Won/Lost Date or Estimated Start) to affect the calculated value for hit rates on the report. The hit rate calculation includes only the projects that have dates that fall within the time frame that you enter in the Date Range field.
Date Range	Use this field to select the reporting period for calculating the value for hit rates. For example, if you select Won/Lost Date in Date Field Used in Calculation and Last14 Days in this field, the report uses only the projects with a won/lost start date that falls within the last two weeks to calculate the hit rate.