PJC Projects
The data model encompasses project financial metrics such as start date, estimated and actual costs, revenues, profits, and gross profit margin. It includes views for projects exceeding 70% of the budget, a comprehensive project listing, and comparative visualizations for actual versus estimated project costs presented in list, bars, and gauges formats. Additionally, it calculates cost variances to track discrepancies between estimated and actual project expenditures accurately.
Benefits of This Data Model
- Improved Cost Tracking: The data model enables accurate tracking of cost variances between estimated and actual project expenditures, leading to better financial control and decision-making.
- Enhanced Project Performance Monitoring: Users can easily identify projects exceeding 70% of the budget using the dedicated view, allowing for timely interventions to ensure project profitability.
- Comprehensive Project Analysis: The model provides a holistic view of project financial metrics such as costs, revenues, profits, and gross profit margin, facilitating in-depth analysis and comparison across projects.
- Visual Data Representation: Comparative visualizations in list, bars, and gauges formats help stakeholders quickly grasp actual versus estimated project costs, aiding in visual data interpretation and trend analysis.
Key Performance Indicators (KPIs)
- Start Date: The date when a project officially begins.
- Current Estimate Cost: The estimated cost of the project at the current point in time.
- Current Estimate Revenue: The estimated revenue expected to be generated by the project at the current point in time.
- Current Estimate Profit: The estimated profit expected from the project at the current point in time.
- Reporting Currency Actual Cost: The actual cost of the project converted to the reporting currency.
- Reporting Currency Actual Revenue: The actual revenue generated by the project converted to the reporting currency.
- Reporting Currency Actual Profit: The actual profit from the project converted to the reporting currency.
- Actual Cost: The actual cost incurred during the project.
- Actual Revenue: The actual revenue generated by the project.
- Actual Profit: The actual profit earned from the project.
- Actual Gross Profit Margin: The percentage difference between actual revenue and actual cost, showing the profitability of the project.
- Cost Variance: The variance between the current estimate cost and the actual cost of the project.
Available Visualizations
| View Name | Description |
|---|---|
| Project over 70% of Estimated Budget | Highlights projects where expenses exceed 70% of the allocated budget. |
| Projects Listing | Provides a list of all projects within the PJC Projects data model. |
| Projects Actual vs Estimate Cost (List) | Compares actual project costs with estimated costs in a tabular format. |
| Projects Actual vs Estimate Cost (Bars) | Visualizes the variance between actual and estimated project costs using bar charts. |
| Projects Actual vs Estimate Cost (Gauges) | Displays a visual representation of actual vs estimated project costs using gauges. |