Noveco ePM 3.0: enhancements Support Pack 03

Noveco ePM 3.0: enhancements Support Pack 03

Project Manager Workbench• Forecast Tab

• Cumulative by Period tab

• Variations and Issues tab

• Other

Variation ManagementProject Portal

New Functionality in Release 3.0 support pack 03

Workbench: Forecast tab

You can now increase or reduce value of “Cost To Complete” by typing ‘+’ or ‘-’ before the value

For example, to increase value of CTC by $500.0 type ‘+500’ and to reduce type ‘-500’ (no space between the sign and value)

This applies to “Estimated CTC” and “Estimated EAC” fields

Fields “Estimated WTC” and “Estimated WAC” accept positive increments only.

Workbench: Forecast tab

You can now leave your comments for forecast change. Comments are period specific

Double click on “Comments” to enter your text in pop-up window

Workbench: Forecast tab

Display list of Comments for all periods

Workbench: Forecast tab

Display EAC in previous period

Project Manager Workbench• Forecast Tab

• Cumulative by Period tab

• Variations and Issues tab

• Other

Variation ManagementProject Portal

New Functionality in Release 3.0 support pack 03

Workbench: Cumulative by Period tab

Screen Splitter

New Key Figures

New Key Figures:

Forecast POC = EAC(p) / EAC

where EAC(p) is the value of Estimated At Completion for a period, calculated as Actual Costs(p) + CTC(p) + Commitments(p)

Forecast Recognized Revenue = Forecast POC(p) / Plan Revenue

where Forecast POC(p) is the value of Percent Of Completion for a period

Workbench: Cumulative by Period tab

Period view by Month, Quarter or Year

Project Manager Workbench• Forecast Tab

• Cumulative by Period tab

• Variations and Issues tab

• Other

Variation ManagementProject Portal

New Functionality in Release 3.0 support pack 03 (not released yet)

Workbench

Screen Splitters

New Key Figures for better analysis of changes caused by Variations

Project Manager Workbench• Forecast Tab

• Cumulative by Period tab

• Variations and Issues tab

• Other

Project Portal

New Functionality in Release 3.0 support pack 03

Workbench: Other Changes – RA key Figures on the Tree

Result Analysis Values on the tree

Workbench: Change Log

Workbench Other Changes: Selectively Set Planning Level on NWA

You can selectively set NWA with specified control key as a planning element when overall project planning level is set on WBS.

For example, your project consists of WBS and NWA.You would like to plan and forecast your project on WBS, therefore you set project Planning Level on WBS. However, you would like to use some NWA to plan, execute and forecast on NWA (e.g. engineering and design). You need to set a special Control Key on Noveco Network parameters and assign it to your special NWA where you’d like to forecast in Noveco Workbench.

Workbench Other Changes:

• Calculate Overheads on Purchasing Commitments (Costing Sheets in SAP PS must be configured to calculate OH on commitments)

• Project objects marked for deletion are not displayed on Workbench (previously they were greyed out)

• ALV layouts in all tabs now have fixed (not scrollable) columns

• Various bug fixes and improvements

Workbench: deal with large projects

• Some projects consist of WBS, NWA, Work Orders and Order Operations

• Actual Costs are posted to order or order operations and settled to Assets Under Construction or Fixed Assets

Problems:

• Some large Projects may contain > 100K of WBS and Order operations and their number keeps growing every day

• SAP standard reports time out due to the large number of project objects in the selected scope (order operations constitute the majority of the selected objects)

• Cost Forecast in Noveco is almost impossible for the following reasons:

o It takes too long to open a large project

o there are too many operations appear in the project tree hierarchy, so users have to page it many times to reach the right WBS element

o It takes even longer (system times out) to recalculate forecast automatically

o by the time it is recalculated the new actual costs already posted and new work order operations are assigned

Large Projects in SAP: WBS and Work Orders

- WBS element

- Order Operations

The reason for the problems:

• Actual Costs and PO commitments are posted to work order operations

• Actual costs then aggregated on the WBS at report run time

• The actuals and commitments are saved on version 000 against work order operation

• Therefore in order to report actual costs on the project, we must have order operations in the selected scope

Large Projects in SAP: WBS and Work Orders

- WBS element

- Order Operations

Actual Costs

Version 0

POComm.

Version 0

$ $

$ $

$ $

$ $

$ $

$ $

$ $

$ $

$ $

Solution in Noveco:

• During Recalculation of Forecasts in Noveco (performed as a background job) the Actual Costs and PO commitments are rolled up from order operations and saved on WBS element or NWA

• The actuals and commitments are saved on planning elements (WBS elements or NWA) on forecast version

• This way we can report Actual Costs and Commitments from forecast version instead of version 000

• This will also allow us not to include order operations into Noveco Workbench or reports

Large Projects in SAP: WBS and Work Orders

- WBS element

- Order Operations

Actual Costs

Version 0

POComm.

Version 0

$ $

$ $

$ $

$ $

$ $

$ $

$ $

$ $

$ $

Solution:

• The Database profile is set not to include Order and Order operations when Large project is opened in Noveco

• The system reads actual costs from WBS and from Forecast Version instead of version 000,

• The values on forecast version is saved by overnight background job recalculations (it will not be always up-to-date)

• The project Structure consists of WBS and NWA, which will make project to open fast and navigation easy

Large Projects in SAP: WBS and Work Orders

- WBS element

- Order Operations

ForecastVersion

ForecastVersion

$ $

$ $

$ $

Project Manager Workbench• Forecast Tab

• Cumulative by Period tab

• Variations and Issues tab

• Other

Variation ManagementProject Portal

New Functionality in Release 3.0 support pack 03 (not released yet)

Variation Management

Both fields “Value Category” and “Resource Name” are open for selection if you choose Costing key = ‘V’.

If you chose “Turn Cost Element off” for your project Profile in Noveco Project Parameters, you can pick a Value category and/or resource from the drop-down list, the system will find a cost element.

Variation ManagementIf you configured your Variation to update Sales Orders automatically and you chose new item to be created by Variation Workbench, you can choose a Material Master that will appear on the new Sales Order item

Configuration

Variation Management

You can enter price in Transaction Currency (other than Project/Object currency)

Project Manager Workbench• Forecast Tab

• Cumulative by Period tab

• Variations and Issues tab

• Other

Variation ManagementProject Portal

New Functionality in Release 3.0 support pack 03 (not released yet)

Portal

Two tabs instead of one

Portal

Two tabs instead of one

New key Figures

Portal

Screen Splitter

Screen Splitters are introduced in “Graph by Value Category” tab and in “Work By Period” tab

Period view by Month, Quarter or Year

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