Value-Based Management Features and Functions

• Tracks weighted milestones


• Complies with Earned Value Management Systems (EVMS)


• Tracks performance against schedule with MS Project integration


• Provides verifiable audit trails for data entry and approval


• Generates automatic warnings when tasks or jobs go over budget or fall behind schedule


• Work breakdown structures can be compared to tasks with cost, expenses, and schedules


• Tracks milestones to constitute a time phased budget baseline with a budget for authorized work


• Analyzes planned budgets to the amount of budget earned for schedule variance calculation


• Reports on cost and labor distribution values at any point in the project plan


• Provides variance analysis comparing the cost of project tasks against the baseline developed for the project


• Monitors schedules and costs through Earned Value Management or independently


• Calculates various critical ratios of budgets versus costs at designated points in the project


• Provides real time access to EVM data


• Creates roll-up task and job completion estimates


• Compares actual versus planned progress