The Project Variance and Fixed Variance reports will no longer be available after January 31, 2023. Check out the NEW Project Health Overview report instead!
Moving Forward with the Project Health Overview report
Parallax has had multiple iterations of project variance and health reports, and we wanted to create a single report that looks at the health and projected outcomes of projects across the organization's portfolio.
To create this view, we combined the functionality of the Project Variance report with the Fixed Variance report to provide a full overview of how our projects are performing against budget. The new Project Health Overview report will be your go-to when looking for issues in your projects across a few key segments:
- Estimate at completion (how are we projecting against budget)
- Margin projected against what was sold
- Hours projected against what was sold
- Revenue projected against what was sold
- The sold rate versus the resulting effective rate
One limitation of our previous versions of these reports was the inability to mix together projects with different financial models making it challenging to see your full project portfolio all in one place. This report solves for that and much more making the other legacy versions no longer relevant.
If you have any questions, or need extra support transitioning to this new report don't hesitate to contact your CSM or the support team.