Project Portfolio Weighting

Project Portfolios provide a way to bundle several projects together for analysis purposes. A portfolio will display the overall percent complete of all the included projects based on a globally specified method of weighting.

A Project Portfolio’s percent complete is calculated as such:

Portfolio % Comp = The SUM of ( (Project Weight) * (Project Percent Complete) ) for all projects within the portfolio

 

Project Weight is determined based upon the global weighting field selected in Admin -> Portfolios. This setting applies to all portfolios for your organization. The following is how Project Weight is calculated when each item is selected.

  • None
    There is no weighting at all.
    Project Weight = 1
  • Estimated Hours
    Weighting is based off of project estimated hours
    Project Weight = (Project Estimated Hours) / ( The SUM of project estimated hours for all projects within the portfolio )
  • Budget
    Weighting is based off of project budgets
    Project Weight = (Project Budget) / ( The SUM of project budget for all projects within the portfolio )

Details

Article ID: 2793
Created
Mon 11/24/14 9:44 AM
Modified
Fri 6/19/20 1:27 PM