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Adherence to Estimate KPI

Adherence to Estimate KPI
   
Home  » Products  » VIP Task Manager Pro  » Tutorials  » Customization Guide  » Adherence to Estimate KPI

Adherence to Estimate KPI

    Adherence to Estimate KPI is a project management KPI that helps estimate the total duration of your projects based on Estimated Time. This KPI uses the following formula:

    (Estimated Time Actual Time) / Estimated Time

    Estimated Time is total scheduled hours the project is supposed to take to be completed.

    Actual Time is total actual hours the project took to be completed.

    The companies should tend to reduce the value of this KPI.

    Adherence to Estimate KPI

    This KPI helps to estimate the duration of upcoming projects if you have series of typical projects. For example if the first two phases of two projects Project 1 and Project 2 take 10% against the total duration of these projects, it is possible to calculate the estimated total duration of upcoming Project 3. Say the duration of the first phases Phase 1 and Phase 2 of Project 3 is 1.5 months (45 days in total). The total duration of Project 3 would be about 15 months (450 days): 10% * 1.5

    To calculate the value of Adherence to Estimate KPI please follow the steps below:

  • Create the custom field "Estimated Time" for projects with Code "cf_estimated_time_projects"
  • Adherence to Estimate KPI

  • To enter the value of the custom field "Estimated Time" per project you need to right click on task group with project tasks, select "Custom fields options" and select "Edit"
  • Adherence to Estimate KPI

  • To enter the value for the custom field right click on task group and select "Edit"
  • Adherence to Estimate KPI

  • Create the custom field "Actual Time" for projects with code "cf_actual_time_projects"
  • Adherence to Estimate KPI

  • To enter the value of the custom field "Actual Time" per project you need to right click on task group with project tasks, select "Custom fields options" and select "Edit"
  • Adherence to Estimate KPI

  • To enter the value for the custom field right click on task group and select "Edit"
  • Adherence to Estimate KPI

  • Create the custom field "Adherence to Estimate" with the formula:
  • ($cf_estimated_time_projects - $cf_actual_time_projects) / $cf_estimated_time_projects * 100

    Adherence to Estimate KPI

  • On Task Tree select the task group for which you need to display the value of this KPI, select "Custom fields options" and set the following custom fields settings for the custom field "Adherence to Estimate":
    • In "Settings for" select "This task group"
    • select "Enable"
    • select "Calculated by custom field formula (for task group)"
  • Adherence to Estimate KPI


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