The highlighted information on this page refers to functionality not yet generally available. It is available only in the Preview Sandbox environment.
Keeping track of project finances is critical to managing your projects.
As the project manager, you can manually update some financial fields. Other financial data is calculated automatically by Workfront.
You can keep track of financial fields at the project and task level in Workfront. You can keep track of limited financial fields for issues.
The following table shows some of the finances that you can keep track of in Workfront and for which object:
|Financial field||Field Definition||Task||Project||Issue|
|Time||For more information about recording time on a project, see "Logging Time."||✔||✔||✔|
|Budget and Costs||For more information about tracking costs, see "Tracking Costs."||✔||✔||✔*|
|Billing Records||For more information about creating billing records, see "Creating Billing Records."||✔|
|Revenue||For more information about billing and revenue, see "Understanding Billing and Revenue."||✔||✔|
|Expenses||For more information about managing expenses, see "Managing Expenses."||✔||✔|
|Billing Rates||For more information about managing rates on projects, see "Overriding Job Role Billing Rates on Projects."||✔|
|Return on Investment (ROI)||For more information about calculating ROI, see "Calculating Return on Investment (ROI)."||✔|
|Risk to Net Value||For more information about calculating risk to net value, see "Calculating Risk to Net Value."||✔|
|Performance Metrics||Performance metrics show how your projects or tasks are performing at a given time. Performance metrics are automatic calculations performed by Workfront for tasks and projects. The performance metrics that you can calculate in Workfront are listed in the following rows.
The calculations of the performance metrics vary depending on what type of Performance Index Method you are using. For more information about selecting which PIM to use for your system, see "Setting the Performance Index Method (PIM)."
|Estimate at Completion (EAC)||A performance metric. For information about calculating EAC, see "Calculating Estimate at Completion (EAC)."||✔||✔|
|Schedule Performance Index (SPI)||A performance metric. For information about calculating SPI, see "Calculating Schedule Performance Index (SPI)."||✔||✔|
|Cost Performance Index (CPI)||A performance metric. For information about calculating CPI, see "Calculating Cost Performance Index (CPI)."||✔||✔|
|Cost Schedule Performance Index (CSI)||A performance metric. For information about calculating CSI, see "Calculating Cost Schedule Performance Index (CSI)."||✔||✔|
|Budgeted Cost of Work Scheduled (BCWS)||A performance metric. For information about calculating BCWS, see "Calculate Budgeted Cost of Work Scheduled."||✔||✔|
|Budged Cost of Work Performed (BCWP)||A performance metric. For information about calculating BCWP, see "Calculate Budgeted Cost of Work Performed (BCWP)."||✔||✔|
*Issue Cost can be calculated, but not Issue Budget.