The Relevant WBS module is designed to meet the cost reporting requirements of U.S. government contractors (DoD), as well as activity-based costing requirements for commercial manufacturers. Relevant WBS provides the ability to define a Work Breakdown Structure (WBS) for each project. The WBS allows for multiple-level cost collection and reporting. Budgets can be established for WBS Work Packages. As costs are collected in WBS Accounts, Earned Value calculations indicate whether each activity and rollup level is running ahead or behind schedule and over or under budget.

Functions

  • WBS Accounting and Rollup
  • Activity Costing
  • Inventory and MRP by WBS
  • Earned Value Management
  • Reports and History

Features

WBS Accounting

  • User-defined WBS Program Templates
  • Programs Copied and Customized
    for New Projects
  • Charge Numbers at Work Package Level
  • Rollup to All Management Levels
  • Cost of Sales (COS) by WBS
  • User-defined Project Status Codes
  • User-defined Project Status Codes
  • Selectable WBS Periods
  • Budgets by Dollars, Hours and Quantities
  • Overhead Pooling
  • Billing Milestones
  • Revenue and COS Recognition

Activity Costing

  • Charge Numbers on All Activities
  • Automatic WBS Transaction Posting
  • User-defined Project Rollup
  • Project Revenue Planning

MRP by WBS

  • Planning by WBS Account
  • Company-wide Shared Inventory
  • Project-specific Shared Inventory
  • Material Transfers between WBS Accounts and Projects

Earned Value Management

  • BCWS, BCWP, ACWP, EAC, CPI and SPI by WBS Account
  • Color-Coded CV% and SV%
  • EV Rollups
  • Export BCWP to wInsight®
  • Earned Value Milestones
  • MS Project Interface
Reports and History
  • WBS Details—Estimate vs. Actual
  • WBS Details—AP and AR
  • Actual Cost Ledger
  • Project Purchase Order Log
  • Project Cost Summary
  • Project Trial Balance
  • Project Cost to Complete
  • Weekly/Monthly/Quarterly/13 Week Revenue Plans
  • Project Billings Report
  • Project Cost Detail Report

Download the WBS Data Sheet in PDF Format

Download all Relevant Data Sheets in PDF Format


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