Thresholds Tab of the Code View
Use the Thresholds tab to set the threshold values for a code or child code.
You can only set threshold values on this tab if you defined the code file to have thresholds on the Thresholds tab of the Code File Properties dialog box or on the Thresholds page of the New Code File wizard.
Schedule Variance
A schedule variance is a metric for the schedule performance of a project. It is the algebraic difference between earned value and the budget (Schedule Variance = Earned Value - Budget). A positive value is a favorable condition while a negative value is unfavorable.
Field | Description |
---|---|
Current period |
This field refers to the schedule variance for the current period. Use the Favorable and Unfavorable drop-down lists to define tolerances for this field. Your options are discussed in detail below. |
Cumulative |
This field refers to the cumulative schedule variance. Use the Favorable and Unfavorable drop-down lists to define tolerances for this field. Your options are discussed in detail below. |
Value |
Enter the favorable and unfavorable tolerance values in the Value fields. Note: This field is available only if you selected the
Value or
Both option in the
Schedule Variance group box on the Thresholds tab of the Code File Properties dialog box.
|
% |
Enter the favorable and unfavorable tolerance percentage values in the % fields. Note: This field is available only if you selected the
Percent or
Both option in the
Schedule Variance group box on the Thresholds tab of the Code File Properties dialog box.
|
Cost Variance
A cost variance is a metric for the cost performance of a project. It is the algebraic difference between earned value and actual cost (Cost Variance = Earned Value - Actual Cost.) A positive value indicates a favorable position and a negative value indicates an unfavorable condition.
Field | Description |
---|---|
Current period |
This field refers to the cost variance for the current period. Use the Favorable and Unfavorable drop-down lists to define tolerances for this field. Your options are discussed in detail below. |
Cumulative |
This field refers to the cumulative cost variance. Use the Favorable and Unfavorable drop-down lists to define tolerances for this field. Your options are discussed in detail below. |
At complete |
This field refers to the cost variance at project completion. Use the Favorable and Unfavorable drop-down lists to define tolerances for this field. Your options are discussed in detail below. |
Value |
Enter the favorable and unfavorable tolerance values in the Value fields. Note: This field is available only if you selected the
Value or
Both option in the
Cost Variance group box on the Thresholds tab of the Code File Properties dialog box.
|
% |
Enter the favorable and unfavorable tolerance percentage values in the % fields. Note: This field is available only if you selected the
Percent or
Both option in the
Cost Variance group box on the Thresholds tab of the Code File Properties dialog box.
Click on the Quick Access Toolbar to save the threshold values. |