Project Budget

The data model comprises measures such as Task Completion %, Actual Amount, and Profit, allowing analysis of project financial performance and profitability. Views like Project Budget vs Actual and Project Profitability offer comparisons of planned expenses to actual spending and insights into revenue and cost margins, aiding in evaluating project financial viability and tracking budget utilization effectively.

Benefits of This Data Model

• Enhanced Financial Performance Analysis: The data model enables in-depth analysis of project financial performance by tracking measures such as Actual Amount and Profit, providing valuable insights into revenue generation and cost management.
• Streamlined Budget Utilization Tracking: With dimensions like Project Code and Account Group Code, the data model facilitates efficient tracking and management of project budget utilization, ensuring accurate financial planning and resource allocation.
• Improved Project Profitability Evaluation: By leveraging views like Project Profitability, the data model offers a robust framework for evaluating project profitability through the analysis of revenue, costs, and profit margins, aiding in strategic decision-making for maximizing returns.
• Effective Task Completion Monitoring: The inclusion of Task Completion % as a measure allows for the monitoring and assessment of task progress within projects, enabling better project management and ensuring timely completion of tasks for optimal project outcomes.

Key Performance Indicators (KPIs)

• Task Completion %: Percentage representing the progress made in completing tasks within the project budget.
• Original Budget Quantity: The initial quantity planned for budgeted items within the project.
• Original Budget Amount: The total monetary value of the original budget set for the project.
• Revised Budget Quantity: The updated quantity planned for budgeted items within the project.
• Revised Budget Amount: The total monetary value of the revised budget set for the project.
• Actual Quantity: The real quantity of items used or acquired during the project.
• Actual Amount: The actual total monetary value of the resources spent or utilized during the project.
• Original Remaining Amount: The amount remaining from the original budget after expenses.
• Revised Remaining Amount: The amount remaining from the revised budget after expenses.
• Income: The total income generated by the project.
• Liabilities: The financial obligations or debts associated with the project.
• Expenses: The total expenses incurred during the project.
• Profit: The difference between income and expenses, indicating the project's financial gain or loss.
• Actual: Pertaining to the real figures or amounts recorded during the project execution.
• Revised Budget: The updated budget figures considering any changes or adjustments made during the project.
• Remaining: The remaining budget amount after all expenses and income calculations are taken into account.

Available Visualizations

View Name	Description
Project Budget vs Actual	Offers a comparison between planned and actual project expenses to track financial performance.
Project Profitability	Provides insights on project financial viability by analyzing costs, revenue, and profit margins.