The facility to manage budgeted man-hours and progress within QTIME is a fundamental differentiator between QTIME and other Time Management Systems.
Budgeting is done at the lowest level of the hierarchical coding structure in the QTIME Budget/Forecast file in terms of either hours or quantities. Actual hours are “posted” into this file at the end of every period, which can be as often as daily. Physical progress via a percentage complete or actual quantity is also recorded in this table or, up-loaded from lower level systems such as a scheduling system or another QA Software product such as QDMS for Document Control.
QTIME is then able to calculate Earned Man Hours and Productivity factors. QTIME also supports a range of forecasting to complete algorithms that ensure the most accurate and objective forecast final total is projected. The results can be rolled up at any level in the hierarchical coding structure.
A history of all forecasting is maintained to enable advanced reporting and analysis in terms of trends. This is an extremely powerful and useful feature that not even the most advanced scheduling systems can offer with comparative structure and processing automation.
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