We have a requirement in PPM on KPI with % for Project Progress to track
Summary:Project Progress:-
The first is the progress against the standard capex plan that was developed to account for all capex, where the progress is calculated as follows:
- Raising Capex: 10%
- Raising PR: 10%
- PO Issuance: 30%taken proportional. If the total POs value meets or exceeds 50% of capex budget, then it will take full score 30%. If less than 50%, then The score is = Total PO Value/Capex Budget X 30%
- POs Receiving: 25%: This is simple proportion where the score is calculated of how much amount is received out of total PO values. The score is PO Amount Received /Total PO Amount X 25%
- Asset Creation:
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