The "Project Overview" is also your project controlling cockpit:
Below are some notes and explanations of the figures and information provided.
Client, ID, Name
Your projects Client, ID and Name.
Start, End, Elapsed
The service provisioning star- and end-date.
Mind, this is not meant to be the project duration! The project duration can be longer than the service provisioning time due to (at the start) pitching, negotiation, future project start and (at the end) PO retrieval and invoicing.
The service provisioning start- and end-date should reflect the time, the project scope is crafted.
Status
How confident are you that you will be commissioned for this project?
Is it just "created" and your are pitching the project? Or are your "expecting" the project to be commissioned?
When the service provisioning starts, the project should be "confirmed" and when the service provisioning is finished, the project should be "delieverd".
Bgt. Revenue
Is the projects budgeted revenue plausible?
Bgt. Employee $, Current Employee $, Empl. ÷
Is the budgeted scope of "INT" work you plan to perform with your staff (from your staff directory incl. their compensation details) plausible? Mind that a overhead factor can be included in your INT costs.
Bgt Freelance Vendor $, Current Freelance Vendor $, Freelance Vendor ÷
Is the budgeted scope of "FMA" work you plan to perform with self employed vendor (who are not part of your staff) plausible? Mind that a overhead factor can be included in your INT costs.
Bgt. Vendor $, Current Vendor $, Vendor ÷
Is the budgeted scope of "EXT" work you plan to perform with corporate vendor (who are not part of your staff) plausible? Mind that a overhead factor can be included in your EXT costs.
Bgt. Profit, Bgt. Profit Margin
Is the profit estimated for the project plausible and does it meet your expectations?
Expected Profit, Expected profit margin, Variance
The expected number takes into account either budgeted or current INT, FMA, or EXT costs, whichever is higher.
Expected is the best way to find out if a project is exceeding your budget numbers.
The variance shows you if and how much the current costs exceed your budgeted costs.
Current Profit, Current Profit Margin
The ratio between expenses and amount billed. So to speak this is the projects cashflow.
Billing Variance
The Billing Variance indicates if there is a planned outgoing amount that has not yet been invoiced.