I think the two reports that you (the contractor) submitted need to tell the same story. Meaning - they need to be sharing the same information. And these two report serving two different purposes
Your P3 report combine three dimensions, Time, Scope (Physical) and Cost. Which give a series of indicator to the "Client" how you perform.
The Accounting report give $ information - meaning - cash flow forecast - billing - Variation Cost, Cost @ completion ...
These two report need to be hand in hand with their own specific functions.
Ie when a number of transformers deliver to site, in your accounting report it shows the value of the transformers in site delivered. But that report cannot show how many actually installed and whether it is in accordance with the plan. That information can be found in P3 progress report. However, your P3 report may not able to articulate exact value of the TX.
Thats why the two reports are needed in order to see the true picture of the project. However, in some organisation I worked, senior management only interested in $ spend but not progress, I guess it is our task to educate them.
Cheers
ALex
Member for
20 years 2 months
Member for20 years2 months
Submitted by ulysses garcia on Wed, 2005-09-21 04:08
Your question why consultant wanted two reports as what you said. in my own idea the primavera will do less better compares to accounting matters . I mean p3 cannot do accurately what the accounting software can, in terms of costings , for me a good planner must know also what is the terms in accounting and how it works..
regards
Member for
22 years 6 months
Member for22 years6 months
Submitted by Katalin Hovanyi on Sat, 2005-09-10 06:31
According my opinion, the money guys not able to read the schedule. They simple not trained to do that and their pride (and position) prevent them to ask questions (or learn from You). So they instruct You to use their way of reporting.
Member for
22 years 8 monthsRE: Doubt in progress control w/P3
Primi
I think the two reports that you (the contractor) submitted need to tell the same story. Meaning - they need to be sharing the same information. And these two report serving two different purposes
Your P3 report combine three dimensions, Time, Scope (Physical) and Cost. Which give a series of indicator to the "Client" how you perform.
The Accounting report give $ information - meaning - cash flow forecast - billing - Variation Cost, Cost @ completion ...
These two report need to be hand in hand with their own specific functions.
Ie when a number of transformers deliver to site, in your accounting report it shows the value of the transformers in site delivered. But that report cannot show how many actually installed and whether it is in accordance with the plan. That information can be found in P3 progress report. However, your P3 report may not able to articulate exact value of the TX.
Thats why the two reports are needed in order to see the true picture of the project. However, in some organisation I worked, senior management only interested in $ spend but not progress, I guess it is our task to educate them.
Cheers
ALex
Member for
20 years 2 monthsRE: Doubt in progress control w/P3
Your question why consultant wanted two reports as what you said. in my own idea the primavera will do less better compares to accounting matters . I mean p3 cannot do accurately what the accounting software can, in terms of costings , for me a good planner must know also what is the terms in accounting and how it works..
regards
Member for
22 years 6 monthsRE: Doubt in progress control w/P3
Haliho Primi,
According my opinion, the money guys not able to read the schedule. They simple not trained to do that and their pride (and position) prevent them to ask questions (or learn from You). So they instruct You to use their way of reporting.
Regards
Katalin