Cost Analysis and Reports Features and Functions
Cost Analysis and Reports: While it is important to post all costs to a jobs, it requires some degree of study to make sense of this information. This section lists some of the activities and information managers may need to help them control each job.
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Realization Review
Supports Realization Review: Realization is an analysis of actual billable work performed vs actual time available. In some cases the analysis compares actual billable time vs total time available while in other instances the user wants to see what hourly billing rate an employee generated either for their billable hours or their total hours. This analysis then gives users a better idea as to the productivity of each employee or group.
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Profit Analysis
Supports Profit Analysis by: While the revenue or effective billing rate an employee or group of employees generates is important, the bottom line is the profit that is generated. This question lists some of the types of profit analysis that may be of interest.
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Cost Review Reports
Cost Review Reports: Although accounting is based upon fiscal dates, jobs and projects are not. Users should have the ability to review a job by whatever time period is required. That could be for the whole job or project from its beginning, by fiscal year. by calendar year, or for whatever time period a user might require.
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Cost Analysis and Reports (General)
Cost Analysis and Reports (General): Depending on the industry in which a user participates, the size of the organization, the complexity of the typical jobs they undertake, and other factors, there are any number of reports users may require to assist them control jobs. This series of questions list some of the more common types of reports that may be of interest.
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Job and Project Costing Features and Functions
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