CIPAceTM HelpDefine Spending Curve |
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Navigate Here: Projects > Browse Projects; select a project > Scoping tab > Financial Scoping tab, click the Define Spending Curve button
You can define a spending curve for a financial scoping type in Spending Curve Management page.
To define a spending curve, fill in the information below:
General Information
Spending Curve Template: The name of the current template applied to this spending curve. When you are defining a new spending curve for the first time, the default template of this financial type will be used. You can configure the spending curve template by clicking the
Description: The detail description of the current spending curve.
Last Distributed Date: The last date when this spending curve was distributed to scoping.
Last Distributed By: The user who performed the last distribution to scoping.
Last Updated Date: The last date when this spending curve was updated.
Last Updated By: The user who updated the spending curve last time.
Spending Curve Line Items
The spending curve line item structure is the same as the template definition:
Schedule: The current schedule assigned to the spending curve, all schedules in the current project can be selected from the dropdown list. You can view or edit this schedule by Gantt Chart in a new page by clicking
Task: The task selected from the current schedule for a spending curve line item.
Estimated Cost: The total cost will be distributed by each spending curve line item. You can input a positive amount in this field.
UTD Actual Cost: The up to date actual cost. You can input a positive amount in this field or click
Distributed Cost: The cost to be distributed. It is a read-only field and automatically calculated as [Estimate Cost - UTD Actual Cost] by the system.
You can add new spending curve line items with pre-loaded tasks in the following ways:
❖Select an existing schedule for the current project: If the schedule is sourced from the same schedule template as defined in the current spending curve template, the pre-defined spending curve line items will be automatically populated from the current spending curve template and matched with the current schedule tasks by source schedule template task IDs.
❖Create a new schedule by clicking Add a New Schedule icon
❖Load multiple tasks from the current schedule manually by clicking
Or you can add new spending curve line items in the following ways and manually assign the tasks by clicking
You can enter a number in the Lines text box and then click the Add Row icon
You can rearrange a line item by clicking and holding Drag and Drop icon
You can click the Add a New Line Item icon
You can click the Remove This Line Item icon
You can click the Duplicate This Line Item icon
You can click the Add a New Rate icon
You can click the Remove This Rate icon
You can click the Save button to save the spending curve. You can click the Cancel button to abort the current operation and return to Scoping Financial tab page.
Once you've finalized the spending curve, you can click Save & Distribute button to distribute the estimated cost to scoping line item immediately. Then you can manually adjust the distribution result or modify the spending curve for distribution again. |
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