Task Management Software for Team Collaboration
 
HomeDownloadSupportPurchase
 
Installation GuideStartUp GuideOnline Help

Average Deviation of Planned Budget of Tasks

Average Deviation of Planned Budget of Tasks
   
Home  » Products  » VIP Task Manager Pro  » Tutorials  » Customization Guide  » Average Deviation of Planned Budget of Tasks

Average Deviation of Planned Budget of Tasks

    Average deviation of planned budget of tasks is a key performance indicator that shows the average variance in money of planned budget of tasks against the baseline budget of tasks.

    Average deviation or cost variance is calculated by the following formula:

    Average Deviation (Cost Variance) = Cost - Baseline Cost

    Cost is the actual budget spent on task.

    Baseline Cost is originally planned budget for task.

    This KPI helps to compare the variation of costs for tasks over some periods of time.

    If you need to calculate average deviation of planned budget of tasks, please do the following:

    1. Create the custom field "Cost Variance":

    Cost Variance

    2. If you need to view the average deviation of planned budget per particular project, filter your to-do list by task group with project tasks.

    3.  to display the average deviation of planned budget on Task List set footer:

    • right click under column "Cost Variance"
    • select "Average"

    To view average deviation of planned budget of tasks per project on Task Tree do the following:

  1. On Task Tree select root task group and select "Custom fields options"
  2. To enable the displaying of average deviation of planned budget of tasks select custom field "Cost Variance" and do the following:
    •  select Enable
    • check "Aggregated (for task group)
    • select "Average" and the custom field name "Cost Variance"
  3. Select task group for which you need to view average deviation of planned budget, right click and select "Custom fields options"
  4. Select custom field "Cost Variance" and select the option "Enable by parent".
  5.                   Average Deviation of Planned Budget per project on Task Tree


Play demo Play Demo

TryTry It FREE
Overview VIP Task Manager

» VIP Task Manager Pro
   VIP Task Manager Std
   Testimonials
   Turnkey Solution

Available: Workdays, Monday - Friday
8 am - 8 pm GMT for Europe/Asia
1 am - 1 pm PST for America




Login:
Password:
Register
Forgot your password?
Login As:
Login As
You can log in if you are registered at one of these services:

ProductsSolutionsDownloadSupportPurchaseContactsForumVideoMy Account
Copyright © 2004 - 2017 Task Management Software
 
          
 
Site Map