Performance Data Repository
The "Repository" is the central point of integration for all
of the key elements of project status including
Resource Plans, Schedules, Actual Cost and Performance (Earned Value).
This critical collection of project information is organized and made easily accessible using the industry standard
hierarchical Work Breakdown Structure (WBS). It includes:
Actual cost is collected and accumulated in the Repository. Cost
is typically imported from the corporate accounting system. Interfaces are available for major accounting systems
including Costpoint®, GCS Premier® and SAP®. Others are easily configured.
The system provides reconciliation tools and maintains audit trails to ensure data integrity.
Resource Plans are developed to assign the resources needed to perform each Task.
Labor, material, travel and all other costs are included. Resource Plans are consolidated and integrated into
the Repository to establish the Performance Measurement Baseline (PMB).
As work is completed Performance is computed and Earned Value is recorded in the Repository. PMiNet computes Performance based on the
cumulative progress recorded for each Task/work package. Progress may be entered simply as a percentage or tied to
Task starts and Task completions using one of the start/finish methods (0/100, 25/75, 50/50, etc). Performance for Level-of-Effort
work packages is computed by the system. Performance status for discrete milestone methods can be recorded electronically from
schedules or entered manually.
Project schedules are accessed electronically and loaded into the Repository.
When using Resource Loaded schedules Resource Plans can be taken directly from
schedules and loaded into the Repository.
Progress of work performed is recorded from key Earned Value milestones.