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.
Click
on the Quick Access Toolbar to save the threshold values.
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 indicates a favorable condition while a negative value indicates an unfavorable condition.
| Field | Description |
|---|---|
| Current Period | This field refers to the schedule variance for the current period. Use the Value and % fields to enter the favorable and unfavorable tolerance values and percentage values. |
| Cumulative | This field refers to the cumulative schedule variance. Use the Value and % fields to enter the favorable and unfavorable tolerance values and percentage values. |
| Value | Use this field to enter the favorable and unfavorable tolerance values. This field is available only if you select the Value or Both option in the Schedule Variance group box on the Thresholds tab of the Code File Properties dialog box. |
| % | Use this field to enter the favorable and unfavorable tolerance percentage values. This field is available only if you select 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 condition while a negative value indicates an unfavorable condition.
| Field | Description |
|---|---|
| Current Period | This field refers to the cost variance for the current period. Use the Value and % fields to enter the favorable and unfavorable tolerance values and percentage values. |
| Cumulative | This field refers to the cumulative cost variance. Use the Value and % fields to enter the favorable and unfavorable tolerance values and percentage values. |
| At Complete | This field refers to the cost variance at project completion. Use the Value and % fields to enter the favorable and unfavorable tolerance values and percentage values. |
| Value | Use this field to enter the favorable and unfavorable tolerance values. This field is available only if you select the Value or Both option in the Cost Variance group box on the Thresholds tab of the Code File Properties dialog box. |
| % | Use this field to enter the favorable and unfavorable tolerance percentage values. This field is available only if you select the Percent or Both option in the Cost Variance group box on the Thresholds tab of the Code File Properties dialog box. |
And/Or
Use this field to select the threshold logic that Cobra will use to evaluate the favorable and unfavorable thresholds for cost and schedule variances of code elements.
- And: Cobra evaluates the variance based on the breaching of both value and percent thresholds. Cobra does not highlight the variance if only one condition is met.
- Or: Cobra evaluates the variance based on the breaching of either value or percent thresholds. Cobra highlights the variance regardless of either condition being met.
You can set up to five favorable and five unfavorable threshold logic. When you set a threshold logic on the Thresholds tab, you can insert a comparator type column in the Codes grid of the Code view.
This field is available only if you select the Both option in the Cost Variance or Schedule Variance group box on the Thresholds tab of the Code File Properties dialog box. By default, this field is set to Or.