Use the Labor Plan Summary chart on the Labor page of the Planning tab to view the estimate-to-complete (ETC), job-to-date (JTD), and other amounts for the project, phase, or task that is selected in the Labor Planning grid. This information is useful when you need to compare the ETC and JTD amounts with the contract amount at billing. Or, if you are planning at cost, you can view the estimate-to-complete (EAC) overhead for each project, phase, or task that is selected in the Labor Planning grid against the contract amount to determine the potential profit.
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As you select different elements on the Labor Planning grid, amounts on the chart update to reflect the data shown on the grid. The chart also updates to reflect your changes to the plan when you save those changes.
The amounts on this chart display at billing or cost, depending on your selection in
Show. Whether both options are available depends on the budget type selected for the plan. If both
Billing and
Cost options are available, you can switch between them, and the chart's information will update accordingly.
If your firm uses the Multicurrency feature in
Vision, the currency in use is indicated in
Show next to the
Billing
and
Cost options. The project currency is always used when viewing projects and plans at cost. The currency used when viewing projects and plans at billing is determined by a
Vision configuration setting that your system administrator selects. See the Use Project and Billing Currencies online help topic for more information on currencies.
Note: When you select the
Cost option, some information may not display because of your security access. Settings on the Accounting tab on the Roles form in
Vision () determine your access rights to labor cost rates and amounts in
iAccess. See the Security Settings and Labor Cost Amounts online help topic for more information.
| Field | Description |
|---|
| Contract
|
This horizontal line represents the contract labor amount for the selected WBS row..
|
| ETC
|
This portion of the bar represents the estimate-to-complete (ETC) labor amount for the selected WBS row. This is the value of planned labor required from tomorrow forward through the end of the plan.
If a project is mapped on multiple
Vision plans that have the
Include in utilization and project reports option selected,
iAccess totals are the combined values.
Calculation: ETC = Planned labor amount at cost or billing from tomorrow forward.
|
| JTD
|
This portion of the bar represents the job-to-date labor amount through today's date for the selected WBS row. It is based on actual JTD labor charges and includes unposted charges.
Calculation: JTD = posted and unposted labor charges at cost or billing through today
|
| EAC Overhead (displays when the Cost option is selected)
|
This portion of the bar represents the estimated (EAC) overhead, which is calculated by summing the different JTD and ETC overhead amounts.
Calculation: EAC Overhead = JTD overhead allocation + estimated JTD overhead allocation (since last allocation) + estimated ETC overhead.
|
| EAC Profit (displays when the Cost option is selected)
|
This portion of the bar displays the estimate-at-complete (EAC) profit.
Calculation: EAC Profit = Contract - JTD at cost - ETC at cost - estimated overhead (if overhead applies)
When you mouse over the EAC Profit portion of the bar, it displays both the EAC profit amount and the EAC profit percentage. The EAC Profit percentage is calculated as EAC Profit divided by Contract.
|
| Tooltips
|
Tooltips display when you hover over or tap various parts of the
iAccess interface, including buttons, status and warning indicators, and data on the dashparts and charts. You can also click
 to view specific calculation information, and click the
More links to access the related online help.
If you are using a tablet device, the tooltip hover action is not available, but you can tap
and the
More links to view the calculations and online help.
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