Thresholds Tab of the Resource View
Use this tab to set the threshold values for a resource or child resource.
You can only set threshold values on this tab if you defined the resource file to have thresholds on the Thresholds tab of the Resource File Properties dialog box or on the Thresholds page of the New Resource File Wizard. The threshold values you set at the resource level use the Or logic automatically.
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 |
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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 Resource 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 Resource 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 |
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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 Resource 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 Resource File Properties dialog box. |